The length of time patients must wait to see a doctor in a local clinic is uniformly distributed between 15 minutes and 2 1/2 hours
a. What is the probability of a patient waiting exactly 50 minutes?
b. What is the probability that a patient would have to wait between 45 minutes and 2 hours?
c. Compute the probability that a patient would have to wait over 2 hours.
d. Determine the expected waiting time and its standard deviation.
a. 0.000
b. 0.556
c. 0.222
d. 82.5, 38.97
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A company made no adjusting entry for accrued and unpaid employee wages of $28,000 on December 31. This oversight would:
A. Have no effect on net income. B. Understate assets by $28,000. C. Overstate assets by $28,000. D. Understate net income by $28,000. E. Overstate net income by $28,000.
Which of the following statements is true?
a. Reorienting is more time consuming and challenging than re-creating b. Tuning is more laborious than adapting c. Reorienting is much more challenging than tuning d. Adapting requires much more effort than overhauling
Which of the following is most. likely to qualify as a driving force?
A. an increase in the prices of substitute products B. decisions on the part of industry's three biggest competitors not to pursue a strategy of striving to be the industry's low-cost leader C. decisions by one or more outsiders not to attempt to enter the industry D. successful introduction of innovative new products or new ways to market products E. increases in price cutting by rival sellers and the launch of major new advertising campaigns by one or more rivals
A person who steals a car from the driveway of a family who is on vacation is guilty of robbery
Indicate whether the statement is true or false