Examlex

Solved

The Average (Or Expected) Time It Takes to Complete a Purchase

question 107

Multiple Choice

The average (or expected) time it takes to complete a purchase at Trippler.com is 45 seconds.All the conditions for a Poisson distribution are met.Use the exponential distribution to determine the probability that it will take between 20 seconds and one minute to complete your next Trippler.com purchase.


Definitions:

Sexist Comments

Remarks or statements that perpetuate stereotypes or display prejudice based on a person's gender.

Performance Pressure

The stress or anxiety felt to achieve or perform at high levels in various activities or roles.

Glass Ceiling

An invisible barrier that prevents certain individuals, particularly women and minorities, from advancing beyond a certain level in a hierarchy or profession.

Wage Gap

The disparity in earnings between different groups of people, often highlighting differences based on gender, race, or other demographic factors.

Related Questions