Customers Are Serviced at a Rate of 10 Customers Per

question 67

Multiple Choice

Customers are serviced at a rate of 10 customers per hour according to an exponential distribution.What is the probability that customer service will require fewer than two minutes?

• A) Less than or equal to 0.25
• B) Greater than 0.25 but less than or equal to 0.30
• C) Greater than 0.30 but less than or equal to 0.35
• D) Greater than 0.35

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Definitions:

Attendance

Refers to the measure of presence or participation in prescribed activities or environments.

Number

A number is a mathematical object used to count, measure, and label; fundamental in mathematics for various operations and analyses.

Persons

Human beings considered individually or collectively, often used in legal and formal contexts to refer to individuals.

Long-Run Equilibrium

A state in economic models where all factors of production can be adjusted, and no economic forces are prompting change, resulting in stable prices, output, and resource allocation.