If the average number of customers served per hour is four, then the probability that the service exceeds 15 minutes for any customer is ______.

a. 74.1%
b. 54.9%
c. 36.8%
d. 17.4%


c. 36.8%

Business

You might also like to view...

Which type of team decision making is described as a method of decision making in which information is gathered from a group of respondents within their area of expertise?

a. Nominal group technique b. Intuitive technique c. Delphi technique d. Rational decision-making technique

Business

The leading major manufacturer of an artificial sweetener told its customers that it would not sell its sweetener to them if they purchased any sweeteners from any other suppliers. This is

A) tied selling B) predatory pricing C) exclusive dealing D) market restriction E) refusal to deal

Business

If you are a marketer for a manufacturer, and the marketing mix for your product focuses on very specific market segments, you'd like to sell your product through

A. convenience stores. B. department stores. C. extreme value retailers. D. specialty stores. E. category specialist stores.

Business

A firm has the following accounts and financial data for 2019:


The firm's earnings per share for 2019 is ________.
A) $0.5335
B) $0.5125
C) $0.3204
D) $0.3024

Business