I have a word problem question where a "man" is waiting for two buses, bus A or bus B.
Let $T_1(T_2)$ be the time till the next bus A(B) arrives.
$T_1$ and $T_2$ are independent continuous variables. They can be defined as follows:
$T_1$~$Exp(\lambda)$ and $T_2$~$Exp(\mu)$
Let $T$ be the time till the first of these two buses arrives.
I must find $P(T>t)$ and thus find the cdf for $T$.
Can anyone help me with this question? I am aware of the different properties of exponential distributions such as $P(T>t)=1-P(T \le t)= e^{-{\lambda}t}$, although the thing I am struggling is, is having the two different continuous variables.