Examlex

Solved

The Waiting Time Before a Caller Is Able to Speak

question 49

Multiple Choice

The waiting time before a caller is able to speak to a customer service representative at Chase Bank is exponentially distributed, with an average waiting time of 2.5 minutes.How likely is it that a caller will wait less than 2 minutes?


Definitions:

Registered Mark

A trademark that has been officially registered with a recognized government authority.

Trade Secrets

Intellectual property that consists of confidential business information which provides a competitive edge.

Computer

An electronic device capable of executing a series of arithmetic or logical operations to process data, often programmable.

Confidential Business Data

Information proprietary to a business that is kept secret to maintain an advantage or prevent it from being exploited by competitors.

Related Questions