A Waiting-Line System That Meets the Assumptions of M/M/1 Has

question 29

Multiple Choice

A waiting-line system that meets the assumptions of M/M/1 has λ = 1,μ = 4.For this system,what is the probability of more than two units in the system?

• A)zero
• B)0.015625
• C)0.0625
• D)0.25
• E)0.9375

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Definitions:

MBA Degree

Master of Business Administration, a graduate-level degree focusing on business management, operations, and strategy.

μ

The symbol representing the mean or average of a population in statistics.

σ

The symbol for standard deviation in statistics, representing the dispersion or variability of a set of data points.

Normally Distributed

A type of distribution where data points are symmetrically distributed around the mean, forming a bell-shaped curve.