Arrivals to a Bank Automated Teller Machine (ATM) Are Distributed

question 68

Multiple Choice

Arrivals to a bank automated teller machine (ATM) are distributed according to a Poisson distribution with a mean equal to three per 15 minutes.Determine the probability that in a given 15- minute segment no customers will arrive at the ATM.

• A) 0.0124
• B) 0.0281
• C) 0.0314
• D) 0.0498

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Market Value

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The nominal or face value of a bond, stock, or coupon as stated by the issuer, which may not necessarily reflect its market value.

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A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the company remains the same.

Market Value

The market price at which an asset or service can be transacted currently.