Assume that customer arrivals at a small cafe can be modeled by a Poisson distribution. The average arrival rate is 3 customers per hour. What is the probability of 2 or fewer arrivals in the next hour (to three decimal places)?

a. Cannot be determined from the information given
b. 0.152
c. 0.224
d. 0.423


d. 0.423

Business

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When the corporate brand is carried with individual product names it is known as co-branding

Indicate whether the statement is true or false

Business

Many multinational organizations as well as nationally and locally based ones are actively involved in ______.

a. community initiatives such as a mentorship programs for disadvantaged students b. selection of local community leaders c. developing marketing plans for local businesses d. profit sharing in public-private partnerships pursuing sustainable projects

Business

The organizational structure for the project team, including policies and procedures, is the:

A) Work breakdown structure. B) Rules statement. C) Scope statement. D) Management plan.

Business

Long-term investments include investments in land or other assets not used in a company's operations.

Answer the following statement true (T) or false (F)

Business