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by yaks_hairbrush 2397 days ago
Good question! It means that the probably of finishing in the next increment of time is always the same. Just got up to the teller? There's, say, a 20% chance that you're done within the next minute. Been at the teller's desk for 30 minutes already? Still a 20% chance that you're going to be wrapped up in the next minute.
1 comments

This might be saying the same thing in a slightly different way. But does it also mean that if we plot "service times" on the X axis and frequency on the Y, then in the first quadrant we get something high on the left, getting lower as it goes right, and asymptotically approaching zero as it goes to infinity on the right?