Q1Single correct3 Marks10 May 2026

The waiting time for a bus at a certain stop is exponentially distributed with a mean waiting time of 12 minutes. If there is a 75% chance that a passenger will wait at most t minutes, then what is the value of t?

A

12 * ln(0.25)

B

(1/12) * ln(0.25)

C

(1/12) * ln(4)

D

12 * ln(4)