A Car Towing Service Company Averages Two Calls Per Hour

question 58

Multiple Choice

A car towing service company averages two calls per hour. Use the Poisson distribution to determine the probability that in a randomly selected hour the number of calls is six.

• A)0.0120
• B)0.0002
• C)0.0068
• D)0.0001

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Definitions:

Diabetes Mellitus

Any of several related endocrine disorders characterized by an elevated level of glucose in the blood, caused by a deficiency of insulin or insulin resistance at the cellular level.

Total Cost

The sum of all costs incurred by a business in producing a certain amount of a good or service, including both fixed and variable costs.

Additional Unit

Refers to the next unit of product or service that is considered in the production or consumption decision-making process.

Marginal Benefit

The extra advantage gained by using an additional unit of a product or service.