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Cumulative Probability Arrival Lag

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Consider the table given below.

Cumulative Probability Arrival Lag (in minutes) Probability
0.2 5 0.2
0.5 10 0.3
1.0 15 0.5

a. If rand() = 0.31752, what is the lookup value for arrival lag?
b. What is the arrival lag expected value (EV)?

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Solution Summary

The expert determines what is the expected value of the arrival lag.

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a. Since 0.31752 is greater than 0.2, but less than 0.5 the look up ...

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