N the Average, 1

question 102

Multiple Choice

n the average, 1.8 customers per minute arrive at any one of the checkout counters of a grocery store.What type of probability distribution can be used to find out the probability that there will be no customer arriving at a checkout counter?

• A)binomial distribution.
• B)Poisson distribution.
• C)Either of the above
• D)none of the above.

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Definitions:

Shareholder Proposals

Suggestions or demands made by shareholders that are presented for a vote at a company’s annual meeting, often related to corporate governance or social responsibility issues.

Maximizing Shareholder Value

A company's goal to increase the wealth of its shareholders by improving profitability and potential dividends.

Ethics

The moral principles that govern a person's behavior or the conducting of an activity.

Efficiency-Enhancing Unionism

A perspective on labor unions that posits they can contribute to improved efficiencies in the workplace through cooperative relationships and practices that enhance productivity.