A Newer Product Is the Payroll Debit Card

question 203

True/False

A newer product is the payroll debit card. It is cheaper for employers to load your paycheck on a debit card than to cut a check. This is convenient for customers who do not qualify for a regular debit or credit card, because they can use it to pay bills, do online purchasing and even get cash from an ATM machine.

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Definitions:

Exponential Distribution

A model used in statistics to describe the times between events in processes where events occur independently and at a constant rate.

L.L.Bean

An American retail company that specializes in clothing and outdoor recreation equipment.

Exponentially Distributed

describes a continuous probability distribution often used to model the time between independent events that happen at a constant average rate.

Standard Deviation

A measure of the dispersion or spread of a set of numbers, indicating how much each number differs from the mean.