SOLUTION: The number of anticancer drugs produced by a certain complex chemical company is exponentially
distributed with mean 𝜆𝜆 = 0.17 kilograms per hour. What is the probability t
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-> SOLUTION: The number of anticancer drugs produced by a certain complex chemical company is exponentially
distributed with mean 𝜆𝜆 = 0.17 kilograms per hour. What is the probability t
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Question 1206828: The number of anticancer drugs produced by a certain complex chemical company is exponentially
distributed with mean 𝜆𝜆 = 0.17 kilograms per hour. What is the probability that the production
process requires more than 15 minutes to produce the next kilogram of drugs? Answer by amarjeeth123(570) (Show Source):
You can put this solution on YOUR website! Mean 𝜆=0.17 kilograms per hour
Time t=15 minutes=(15/60)=0.25 hours
I have used an inbuilt function in Excel called EXPON.DIST to calculate the given probability.
P(t>0.25)=1-P(t<=0.25)=1-EXPON.DIST(0.25,0.17,TRUE)=0.958390466
Answer=The required probability=0.958390466
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