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You are driving a car and the speed is an exponentialy distributed random variable with mean 50 (in miles per hour). The speed...Asked by hsuan
You are driving a car and the speed is an exponentialy distributed random variable
with mean 50 (in miles per hour). The speed limit is 60 miles per hour, and if your speed is
x > 60 miles per hour, the probability you are stopped by the police is 1 - e^(6-(10/x)), and if you
are indeed stopped you will pay the fine of 100(x - 60) dollars. Find the probability you are
stopped and pay more than 1000 dollars.
with mean 50 (in miles per hour). The speed limit is 60 miles per hour, and if your speed is
x > 60 miles per hour, the probability you are stopped by the police is 1 - e^(6-(10/x)), and if you
are indeed stopped you will pay the fine of 100(x - 60) dollars. Find the probability you are
stopped and pay more than 1000 dollars.
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