Exponential Probability Between 5:00 PM and 6:00 PM, cars arrive at Jiffy Lube at the rate of 9 cars per hour (0.15 car per minute). The following formula from statistics can be used to determine the probability that a car will arrive within t minutes of 5:00 PM. F(t)=1-e^-0.15t (a) Determine how many minutes are needed for the probability to reach 50%. (b) Determine how many minutes are needed for the probability to reach 80%.
weird i looked at this and thought it was the poisson distribution, but it i not
\[1-e^{-0.15t}=.5\] solve for \(t\)
subtract 1 and get \[e^{-.15t}=.5\] take the log to get \[-.15t=\ln(.5)\] and finally divide by \(-.15\) giving \[t=-\frac{\ln(.5)}{.15}\]
second one is similar
ok thank you @satellite73 with an approximate solution of 4.62
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