Customers arrive at a grocery store following a Poisson distribution at an average rate of 70 per hour. On average, how many customers arrive per minute?
A) 1.2 customers per minute
B) 7 customers per minute
C) 0.86 customers per minute
D) 0.02 customers per minute
E) 0.7 customers per minute
A
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Which of the following is a probable future sacrifice of economic benefits arising from present obligations as a result of past events?
A) Expense B) Liability C) Loss D) Asset
The union of events A and B is the event containing all the sample points belonging to
A. B or A. B. A or B. C. A or B or both. D. A or B, but not both.
The budget should use historical data:
a. Only as a stepping-off point for aiding projections into the future. b. Because things don't really change. c. And add a 5% growth factor for each year. d. Because management is satisfied with historical results.
Vision + Skills + Incentives + Resources + Delivery System + Measurement = Unsurpassed Employees = Wow Service = ?
a. Unfulfilled Guests b. Delighted Guests c. Confused Guests d. Complaining Guests