It Is Thought That the Time Between Customer Arrivals at a Fast

question 2

Multiple Choice

It is thought that the time between customer arrivals at a fast food business is exponentially distributed with λ equal to 5 customers per hour. Given this information, what is the mean time between arrivals?

• A) 12 minutes
• B) 5 minutes
• C) 5 hours
• D) 2 minutes

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Definitions:

Economic Development

involves the process of improving the economic, political, and social well-being of a community or country, through strategies that may include industrialization, technology advancement, and improvements in living standards.

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Gender Inequality Index

A measure used to assess the disparities in achievements between women and men in three dimensions: reproductive health, empowerment, and the labor market.