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I want to find the probability that I will have to wait 2 seconds on average for event A to happen, given that the measured average wait time is 2.6 seconds.

Attempt at a solution:

The probability that event A will occur at any given second is 1/2.6. Then the probability of waiting 2 seconds on the average is (1/2.6 * 2) = 76.9%.

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# Homework Help: Probability of rate x

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