Mathematics, 26.02.2020 02:51 savjk74

Wingard Credit Union is also interested in understanding how long customers spend in front of the ATMs. Customer service times follow an Exponential distribution, with an average customer taking 1.5 minutes to complete a transaction.
Calculate the probability that a customer will take less than half a minute. Additionally, calculate the probability that a customer will take more than 3 minutes.

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