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Some Internet companies sell a service that will boost a website’s traffic by delivering additional unique visitors Assume that one such company claims it can deliver 1000 visitors a day

 Some Internet companies sell a service that will boost a website’s traffic by delivering additional unique visitors. Assume that one such company claims it can deliver 1,000 visitors a day. If this amount of website traffic is experienced, then the time between visitors has a mean of 1.44 minutes (or 0.6944 per minute). Assume that your website gets 1,000 visitors a day and that the time between visitors has an exponential distribution. What is the probability that the time between two visitors is a. less than 1 minute? b. less than 2 minutes? c. more than 3 minutes? d. Do you think it is reasonable to assume that the time between visitors has an exponential distribution?

Jun 20 2020 View more View Less

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