The lag time between truck arrivals at the workshop is a continuous random variable. The probability of time between arrivals is expressed as a probability density function, namely: f(t) = 5e‐⁵t Set for t>0 f(t) = 0 for t<0 Where t is time (hours) a. Determine the average time between arrivals of trucks (hours) b. Determine the standard deviation of the time between arrivals (hours)
for Exponential distribution:
where is rate parameter
a.
we have:
then average time between arrivals:
hour = min
b.
standard deviation of the time between arrivals:
hour = min
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