Suppose That the Time That Your Employees Spend Reading and Answering

question 135

Multiple Choice

Suppose that the time that your employees spend reading and answering e-mail each day varies between 1.5 and 3.5 hours and is uniformly distributed over this range of values.What is the probability that an employee spends more than two hours reading and answering e-mail?

• A)20%
• B)25%
• C)50%
• D)75%
• E)90%

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Definitions:

Maturity

The final payment date of a loan or financial instrument at which point the principal (and all remaining interest) is due to be paid.

Invested

The act of allocating resources, usually money, into something to earn a return or profit.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

Period

A specified duration of time characterized by particular events, conditions, or phenomena.