Bob J.

asked • 12/05/21

Confused on how to approach this

have three errands to take care of in the Administration Building. Let Xi = the time that it takes for the ith errand (i = 1, 2, 3), and let X4 = the total time in minutes that I spend walking to and from the building and between each errand. Suppose the Xi's are independent, and normally distributed, with the following means and standard deviations: μ1 = 15, σ1 = 4, μ2 = 5, σ2 = 1, μ3 = 8, σ3 = 2, μ4 = 12, σ4 = 3. I plan to leave my office at precisely 10:00 A.M. and wish to post a note on my door that reads, "I will return by t A.M." What time t should I write down if I want the probability of my arriving after t to be 0.05? (Round your answer to two decimal places.)

1 Expert Answer

By:

Jacob K. answered • 12/14/21

Tutor
4.9 (169)

M.Sc in Economics and Data Science

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