Use the Information Below to Answer the Following Question(s)

question 10

Multiple Choice

Use the information below to answer the following question(s) .
A steady stream of eager fresh-faced students waits in line to register for classes before the start of fall semester classes.Students arrive at the rate of 10 per hour and it takes the single clerk on duty an average of 3 minutes to check their student status,and register them for classes.The service time is exponentially distributed.
-What is the average utilization of the server?

• A)25%
• B)50%
• C)75%
• D)90%

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Definitions:

Statute of Frauds

A legal principle requiring certain contracts, such as those for the sale of land or goods over a certain value, to be in writing and signed by the party to be charged to be enforceable.

Consideration of Marriage

Consideration of marriage is the legal or moral obligation taken into account when entering into a marriage contract, often involving mutual promises or agreements that form the basis of the relationship.

Money Judgment

A court order requiring one party to pay a sum of money to another party as compensation for losses or damages.

Interpretation of Contracts

The process of determining the meaning and intent behind the written terms of a contract by examining its language, context, and the parties' intentions.