Let X represent the amount of time it takes a student to park in the library parking lot at the university. If we know that the distribution of parking times can be modeled using an exponential distribution with a mean of 4 minutes, find the probability that it will take a randomly selected student between 2 and 12 minutes to park in the library lot.
A) 0.656318
B) 0.606531
C) 0.049787
D) 0.556744
Correct Answer:
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