Lecture 5 Continuous Variables
Lecture 5 Continuous Variables
Let X = amount of time (in minutes) a postal clerk spends with his or
her customer. The time is known to have an exponential distribution
with the average amount of time equal to four minutes.
• X is a continuous random variable since time is measured.
It is given that μ = 4 minutes. To do any calculations, you must
know m, the decay parameter.
• m = 1/μ . Therefore, m =1/4= 0.25.
• The standard deviation, σ, is the same as the mean. μ = σ
• The distribution notation is X ~ Exp(m). Therefore, X ~
Exp(0.25).
• The probability density function is f(x) = me-mx.
• The probability that a postal clerk spends four to five minutes with a
randomly selected customer is P(4 < x < 5) = P(x < 5) – P(x < 4) =
0.7135 − 0.6321 = 0.0814.
• b. Half of all customers are finished within how long? (Find the
50th percentile)
Solution
• b. Find the 50th percentile.
• P(x < k) = 0.50 and P(x < k) = 1 –e–0.25k
• Therefore, 0.50 = 1 − e−0.25k and
• e−0.25k = 1 − 0.50 = 0.5
• Take natural logs: ln(e–0.25k) = ln(0.50). So, –0.25k = ln(0.50)
• Solve for k:
• k = ln(0.50)/-0.25 = 2.8 minutes