Customers Are Serviced at a Rate of Six Customers Per

question 64

Multiple Choice

Customers are serviced at a rate of six customers per hour according to an exponential distribution.What is the probability that customer service will require fewer than 20 minutes?

• A) Less than or equal to 0.70
• B) Greater than 0.70 but less than or equal to 0.80
• C) Greater than 0.80 but less than or equal to 0.90
• D) Greater than 0.90

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Definitions:

Annual Cash Dividends

The total amount of cash dividends that a company pays to its shareholders in one fiscal year.