The Number of Minutes That Samantha Waits to Catch the Bus

question 8

Multiple Choice

The number of minutes that Samantha waits to catch the bus is uniformly distributed between 0 and 15 minutes. What is the probability that Samantha has to wait less than 4.5 minutes to catch the bus?

• A)10%
• B)20%
• C)30%
• D)3%

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Definitions:

Denominator

The bottom number in a fraction that shows the total number of equal parts the whole is divided into.

Quick Ratio

A financial ratio that measures a company’s “instant” debt-paying ability, computed as quick assets divided by current liabilities.

Account Payable

The liability created by a purchase on account.

Solvency Analysis

An assessment of a company's ability to meet its long-term financial obligations.