The waiting time before a caller is able to speak to a customer service representative at Chase Bank is exponentially distributed, with an average waiting time of 2.5 minutes How likely is it that a customer will wait at least 3 minutes?
A).4264
B).3012
C).3684
D).3248
E).4036

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The Answer of The waiting time before a caller is able to speak to a customer service representative at Chase Bank is exponentially distributed, with an average waiting time of 2.5 minutes How likely is it that a customer will wait at least 3 minutes?
A).4264
B).3012
C).3684
D).3248
E).4036

The Waiting Time Before a Caller Is Able to Speak