I have recently tackled this question: If the probability of observing a car in 30 minutes on a highway is 0.95, what is the probability of observing a car in 10 minutes (assuming constant default probability)?
While I fully understand the answer, I was wondering if the proposed answered is a good one? What if you've been asked to calculate the probability of seeing a car in 12 or 13 minutes? This will present a problem with the proposed strategy no?
Is there a way to calculate the probability for any given interval?
Another question would be what does it mean "assuming constant default probability" wouldn't that question follow under the poisson distribution?
