1. Calculating Wait Time Probabilities
Operations AnalystBackground
A subway train arrives exactly every 15 minutes. A passenger arrives at the station at a random time.
Problem
Determine the probability that the passenger will wait 5 minutes or less.
How to use
Set the minimum to 0 and maximum to 15. Enter 5 as the target value.
Minimum: 0, Maximum: 15, Value: 5Outcome
The calculator returns a CDF of 0.3333, meaning there is a 33.33% chance the wait time will be 5 minutes or less.