The Probabilities and the Number of Automobiles Lined Up at a Lakeside

question 117

Multiple Choice

The probabilities and the number of automobiles lined up at a Lakeside Olds at opening time (7:30
A.m. for service are:
On a typical day, what is the variance of the number of automobiles that Lakeside Olds should
Expect to be lined up at opening?

• A) 0.0576
• B) 2.85
• C) 0.7275
• D) 0.1
• E) 0.5293

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Definitions:

Debtor

An individual or organization that owes money or debt to another entity.

Default

A failure to fulfill a legal obligation, especially to repay a loan or appear in a court of law.

Lien

A legal right or claim against a property, typically used as security for a debt or obligation.

Construction Company

A business entity engaged in the construction of buildings, infrastructure, and other physical structures.