Suppose That Incoming Calls Per Hour to a Customer Service

question 9

Multiple Choice

Suppose that incoming calls per hour to a customer service center of a small credit union are uniformly distributed between 0 and 6 calls.The probability that fewer than 3 calls are received per hour is ________________________ .

• A)3/6
• B)4/6
• C)3/7
• D)4/7
• E)1/6

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Definitions:

Marginal Product

The additional output gained by adding one more unit of a specific input, keeping all other inputs constant.

Profitability

A measure of the ability of a company or a business sector to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Employment

The state of having paid work, being engaged in an occupation or job.

Marginal Productivity

The additional output that is produced by using one more unit of a given input, while keeping other inputs constant.