No. The population median *can* be equal to the population mean for some distributions (for example, a symmetric distribution), but they are not necessarily equal. For an exponential random variable, for example, the population median is always different from the population mean. LL
while solving a bit why we are equating with 1/2?
30 customers/ 60 minutes = 1/2 customer per minute
What does median time mean?
is median is the mean value?
i think so
Why do you skip steps?
No. The population median *can* be equal to the population
mean for some distributions (for example, a symmetric
distribution), but they are not necessarily equal. For an
exponential random variable, for example, the population median
is always different from the population mean. LL