The average waiting time at the checkout counter for a large grocery chain is 2.45 minutes with a standard deviation of 24 seconds (0.40 minutes). Assume that the distribution of waiting time is normal. What proportion of the customers are served in between 1 minute and 2.5 minutes?
0.5517
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The controller notifies the business reporting process of investing and financing transaction activities,
Indicate whether the statement is true or false
A generic market is one in which
A. products from different industries compete for customers by trying to satisfy the same basic need. B. a number of firms are all offering new or improved products in an effort to increase sales. C. one seller has a patent for a superior product and other competitors imitate the leader with inferior products. D. no firm can establish a competitive advantage. E. None of these answers is correct.
Several differences exist when international companies attend trade shows. These differences include each of the following, except:
A) international attendees tend to be senior executives with authority to make purchases B) international attendees want a follow-up after the trade show by a senior executive C) international attendees spend more time at each exhibitor's booth D) international attendees tend to make purchase decisions during the trade show
Which of the following is NOT a function of a financial analyst?
a. Providing buy recommendations on a company's stock b. Providing sell recommendations on a company's stock c. Generating forecasts of company earnings d. Serving as an investment banker for a company for which the analyst is providing research coverage