It is your birthday and you are waiting for someone to write a “Happy Birthday” message on your Facebook wall. Your waiting time is approximately Exponential with average waiting time of $10$ minutes between such postings; assume that the times of the postings are independent.
so $10 = E(X) = \cfrac{1}{\lambda} = \cfrac{1}{1/10}$ so $\lambda = \cfrac{1}{10}$
a. What is the probability that the next posting takes $15$ minutes or longer to appear?
$P(X \geq 15) = e^{-15/10} = .2231$
b. What is the standard deviation of the time in between consecutive Happy Birthday messages?
$Var(X) = \cfrac{1}{\lambda^2} = \cfrac{1}{1/100} = 100$ so $sd(X) = \sqrt{100} = 10$ minutes
c. Suppose that the most recent posting was done at 1:40 PM, and it is now 1:45 PM (i.e., no postings have been made during the last five minutes). What is the expected time for the next message to appear?
Since $E(X) = 10$ minutes per message and $5$ minutes have already passed, does this mean that the expected time for the next message to appear is $5$ minutes (from $10 - 5 = 5$ minutes)?
Can someone tell me if I understand part c) and have it right? (and also part a and b))?