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Mathematics, 23.04.2021 04:10 brendancrow5927

a company that receives the majority of its orders by telephone conducted a study to determing how long customers were willing to wait on hold before ordering a product. The length of waiting time was found to be a variable best approximated by an exponential distribution with a mean length of waiting time equal to 3 minutes. What proportion of customers having to hold more than 4.5 minutes will hang up before placing an order 0.51342 0.48658

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