Hi There. I need help with this stats question in Excel. I'm totally lost - I believe it relates to Exponential Distribution:  An online vendor of high-end hiking apparel meticulously tracks the number of clicks on its website. Assume that the clicks occur completely randomly with an average of 342 clicks per minute.” On average, how long does it take between two consecutive clicks on the website (in seconds)? What is the probability that it takes less than 1 second between two consecutive clicks? What is the probability that it takes between 0.2 and 0.4 seconds between two consecutive clicks?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 14PPS
icon
Related questions
Question

Hi There. I need help with this stats question in Excel. I'm totally lost - I believe it relates to Exponential Distribution: 

An online vendor of high-end hiking apparel meticulously tracks the number of clicks on its website. Assume that the clicks occur completely randomly with an average of 342 clicks per minute.”

  1. On average, how long does it take between two consecutive clicks on the website (in seconds)?
  2. What is the probability that it takes less than 1 second between two consecutive clicks?
  3. What is the probability that it takes between 0.2 and 0.4 seconds between two consecutive clicks?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL