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Business Statistics, 3rd Edition
book

Business Statistics, 3rd Edition

by Naval Bajpai
April 2024
Intermediate to advanced content levelIntermediate to advanced
921 pages
37h 16m
English
Pearson India
Content preview from Business Statistics, 3rd Edition
Chapter 7
264
FIGURE 7.37
MS Excel Insert
Function dialog box
FIGURE 7.38
MS Excel Function
Arguments dialog box
FIGURE 7.39
MS Excel worksheet
showing exponential
probabilities for
Example 7.5
(1 – cumulative probability) is the probability that at least 5 minutes (5 or more than 5 minutes);
at least 3 minutes; at least 2 minutes; and at least 1 minute, respectively, will elapse between
arrivals. Column ‘C’ of Figure 7.39 exhibits the computation of these required probabilities.
7.4.2 Using Minitab for Calculating Exponential Probabilities
For computing exponential probabilities with the help of Minitab, click, Calc/Probability
Distribution/Exponential ...
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Publisher Resources

ISBN: 9789390168996