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What Is the Probability That Fewer Than 33 Customers Arrive

question 5

Short Answer

What is the probability that fewer than 33 customers arrive at this checkout counter in a given hour?


Definitions:

TPS

Transaction Processing Systems are computerized systems that perform and record daily routine transactions necessary to conduct the business; they serve at the operational level of an organization.

TPS

Transaction Processing Systems are computerized systems that perform and record daily routine transactions necessary to the operation of a business, such as sales order entry, hotel reservations, payroll, employee record keeping, and shipping.

Data

Data refers to qualitative or quantitative attributes of a variable or set of variables.

Knowledge

Data and/or information that have been organized and processed to convey understanding, experience, accumulated learning, and expertise as they apply to a current problem or activity.

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