Suppose the Time It Takes for a Customer to Be

question 91

True/False

Suppose the time it takes for a customer to be served at a fast-food chain business is thought to be uniformly distributed between 3 and 8 minutes, then the probability that it will take exactly 5 minutes is 0.20.

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Definitions:

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.

Social Factors

Elements within a society that influence individuals' behaviors, attitudes, and life outcomes, such as family, education, and economic status.

Attribution Theory

is a psychological theory focused on how individuals interpret events and how this relates to their thinking and behavior, particularly how they assign causality to events and actions.

Declining Economy

A period marked by a decrease in economic activity, leading to lower GDP growth, employment, and spending.