Customer arrivals occur at a rate of 1.2 per minute. The time between customer arrivals follows an exponential distribution. What is the probability that it takes between 1 and 2 minutes between customer arrivals?

What will be an ideal response?


0.2105

Business

You might also like to view...

Use the selected data from Pinecrest Company's financial statements to answer the following question. 2017 2016 Cash $ 22,000 $ 14,000 Accounts receivable 42,000 16,000 Merchandise inventory 22,000 83,000 Prepaid expenses 23,000 18,000 Total current assets $109,000 $131,000 Total current liabilities $ 65,000 $ 72,000 Net credit sales 221,000 326,000 Cost of goods sold 168,000 299,000 Net cash

flow from operating activities 16,000 29,000 Refer to the data for Pinecrest Company. The amount of working capital at the end of 2017 is a. $36,000 b. $44,000 c. $99,000 d. $174,000

Business

Industrial policies

a. require formal explicit efforts by governments. b. will not be implicit. c. have never been used by the U.S. government. d. should be approved by the World Trade Organization.

Business

Which of the following accounts contain only one type of product cost?

A) Work in Process Inventory B) Materials Inventory C) Finished Goods Inventory D) Cost of Goods Sold

Business

A force rapidly driving change in organizations is ______.

A. agility B. flexibility C. technology D. communication

Business