{"id":28956,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/applied-decision-methods-business-expected-value-and-variance-formulas-in-excel"},"modified":"2017-08-12T07:23:25","modified_gmt":"2017-08-12T07:23:25","slug":"applied-decision-methods-business-expected-value-and-variance-formulas-in-excel","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/applied-decision-methods-business-expected-value-and-variance-formulas-in-excel\/","title":{"rendered":"Applied Decision Methods, Business, Expected value and variance formulas in excel"},"content":{"rendered":"<p>I need an excel spreedsheet for this problem&#8230;..should take a couple of minutes if you know what youre doing<\/p>\n<p>Cars arrive at Carla&#8217;s Muffler shop for repair work at an average of 3 per hour, following an exponential distribution.<\/p>\n<p>(a) What is the expected time between arrivals?&nbsp; ( use the Expected Value formula in excel)<\/p>\n<p> (b) What is the variance of the time between arrivals? ( Variance formula excel)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I need an excel spreedsheet for this problem&#8230;..should take a couple of minutes if you know what youre doing Cars arrive at Carla&#8217;s Muffler shop for repair work at an average of 3 per hour, following an exponential distribution. (a) <a href=\"https:\/\/www.benedictsol.com\/blogs\/applied-decision-methods-business-expected-value-and-variance-formulas-in-excel\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28956","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/28956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=28956"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/28956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=28956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=28956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=28956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}