The Time Between Arrivals at an ATM Machine Follows an Exponential

question 60

Multiple Choice

The time between arrivals at an ATM machine follows an exponential distribution with θ = 10 minutes. Find the mean and standard deviation of this distribution.

• A) Mean = 10, Standard Deviation = 3.16
• B) Mean = 10, Standard Deviation = 10
• C) Mean = 10, Standard Deviation = 100
• D) Mean = 3.16, Standard Deviation = 3.16

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Definitions:

Exposure

The measure of how much a target audience sees or interacts with an advertisement or media content.

Brand Awareness

The extent to which consumers are familiar with the qualities or image of a particular brand of goods or services, making it recognizable and distinguishable from competitors.

Brand Name

A Brand Name is a distinctive title given to a product or service by its manufacturer, which becomes its identity and differentiates it from competitors in the market.

Retailer

An enterprise that offers products to consumers in small amounts for personal use or consumption, instead of for selling again.