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Suppose the time to process a loan application follows a uniform distribution
over the range 8 to 17 days. What is the probability that a randomly selected
loan application takes longer than 13 days to process?
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The base interval for comparison is from 8-th day to 17-th day, inclusive, i.e. 17-7 = 10 days.
Working interval is from 14-th to 17-th day, or 17-13 = 4 days.
The probability under the question is the ratio of working interval to the base interval
P = 
= 
= 0.4 = 40%. ANSWER
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