Answer:
The number of minutes advertisement should use is found.
x ≅ 12 mins
Step-by-step explanation:
(MISSING PART OF THE QUESTION: AVERAGE WAITING TIME = 2.5 MINUTES)
For such problems, we can use probability density function, in which probability is found out by taking integral of a function across an interval.
Probability Density Function is given by:
[tex]f(t)=\left \{ {{0 ,\-t<0 }\atop {\frac{e^{-t/\mu}}{\mu}},t\geq0} \right. \\[/tex]
Consider the second function:
[tex]f(t)=\frac{e^{-t/\mu}}{\mu}\\[/tex]
Where Average waiting time = μ = 2.5
The function f(t) becomes
[tex]f(t)=0.4e^{-0.4t}[/tex]
The manager wants to give free hamburgers to only 1% of her costumers, which means that probability of a costumer getting a free hamburger is 0.01
The probability that a costumer has to wait for more than x minutes is:
[tex]\int\limits^\infty_x {f(t)} \, dt= \int\limits^\infty_x {}0.4e^{-0.4t}dt[/tex]
which is equal to 0.01
Solve the equation for x
[tex]\int\limits^{\infty}_x {0.4e^{-0.4t}} \, dt =0.01\\\\\frac{0.4e^{-0.4t}}{-0.4}=0.01\\\\-e^{-0.4t} |^\infty_x =0.01\\\\e^{-0.4x}=0.01[/tex]
Take natural log on both sides
[tex]ln (e^{-0.4x})=ln(0.01)\\-0.4x=ln(0.01)\\-0.4x=-4.61\\x= 11.53[/tex]
The costumer has to wait x = 11.53 mins ≅ 12 mins to get a free hamburger