Arrivals at a box office in the hour before the show follow the Poisson distribution with ? = 7 per minute. Service times are constant at 7.5 seconds. Find the average length of the waiting line.
What will be an ideal response?
Lq = 3.0625
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Which of the following is NOT true about the two-step process by which mass communications affect personal attitudes?
A) The influence of mass media is mediated by opinion leaders, people whose opinions others seek or who carry their opinions to others. B) The influence of mass media on public opinion is not as direct, powerful, and automatic as marketers have supposed. C) The two-step flow supports the notion that consumption styles are primarily influenced by a trickle-up or trickle-down effect from mass media. D) People interact primarily within their own social groups and acquire ideas from opinion leaders in their groups. E) Two-step communication suggests that mass communicators should direct messages specifically to opinion leaders and let them carry the message to others.
A business should endeavor to be socially responsible in its actions and conduct under what set of circumstances?
What will be an ideal response?
Long-term investments in held-to-maturity debt securities are accounted for using the:
A. Equity method. B. Cost method without amortization. C. Fair value method with fair value adjustment to income. D. Cost method with amortization. E. Fair value method with fair value adjustment to equity.
A state bases unemployment tax rates on each company's turnover rate. Companies operating in this state will find that a lower turnover will lead to a higher unemployment tax rate.
Answer the following statement true (T) or false (F)