In waiting line problems, the interarrival time is assumed to follow a probability distribution known as ______.

a. Poisson distribution
b. binomial distribution
c. normal distribution
d. negative exponential distribution


d. negative exponential distribution

Business

You might also like to view...

In addition to serving as a persuasive tool, a sales proposal often serves as a sales contract

Indicate whether the statement is true or false.

Business

In the European Union, if there is no written contract, compensation is based on customary practice in the location where an agent is acting

Indicate whether the statement is true or false

Business

Tender offers are regulated on the federal level by the National Labor Relations Act

a. True b. False Indicate whether the statement is true or false

Business

Which of the following situations would not constitute a ratification of a contract by a minor?

a. Prior to reaching majority, a minor expressly agrees to be bound by the terms of the contract. b. After reaching majority, the minor fails to disaffirm the contract within a reasonable time. c. After reaching majority, the minor expresses in writing an intention to be bound by the terms of the contract. d. After reaching majority, the minor expresses orally an intention to be bound by the terms of the contract.

Business