Final answer:
To find the probability that an arriving party waits for less than 15 minutes before getting seated, we can calculate the cumulative distribution function (CDF) of the exponential distribution at 15 minutes.
Step-by-step explanation:
To find the probability that an arriving party waits for less than 15 minutes before getting seated, we need to calculate the waiting time until the next available table.
On average, one customer arrives every 2 minutes, so the waiting time can be modeled using the exponential distribution. The average waiting time is 90 minutes per party, so the parameter for the exponential distribution is 1/90.
To find the probability of waiting less than 15 minutes, we calculate the cumulative distribution function (CDF) of the exponential distribution at 15 minutes.
Using the formula for the CDF, P(X <= x) = 1 - e^(-λx), where λ is the rate parameter and x is the waiting time, we can calculate the probability.
Plugging in the values, we get P(X <= 15) = 1 - e^(-15/90)
≈ 0.155.