In: Statistics and Probability
You are waiting for a friend to call you and that the time you wait in minutes has an exponential
distribution with parameter
λ=0.1.
(a) What is the expectation of your waiting time?
(b) What is the probability that you will wait longer than 10 minutes?
(c) What is the probability that you will wait less than 5 minutes?
(d) Suppose that after 5 minutes you are still waiting for the call. What is the distribution of your additional
waiting time? In this case, what is the probability that your total waiting time is longer than 15 minutes?
(e) Suppose now that the time you wait in minutes for the call has a U (0, 20) distribution. What is the
expectation of your waiting time? If after 5 minutes you are still waiting for the call, what is the distribution of your
additional waiting time?
Answer:
Suppose that you are waiting for a friend to call you and that the time you wait in minutes has an exponential distribution with parameter
Let X denote waiting time
The pdf of X is given by
otherwise
The cdf of X is given by
a)
The expectation of your waiting time is
Minutes
b)
Probability that you will wait longer than 10 minutes
c)
Probability that you wait less than 5 minutes
d)
Suppose that after 5 minutes you are still waiting for the call.
The distribution of your additional waiting time has exponential distribution.
Probability that your total waiting time is longer than 15 minutes
e)
Suppose now that the cal has a U(0,20) distribution.
Let Y denote waiting time
Then the pdf of Y is,
elsewhere
The expectation on of your waiting time