Use the Figure Below to Answer the Following Questions

question 1

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.3
-In Figure 19.1.3, the poorest 20 percent of all families receive what share of income?

• A)10 percent
• B)20 percent
• C)30 percent
• D)40 percent
• E)50 percent

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Definitions:

Probability

A numerical measure of the likelihood of a particular event occurring, expressed on a scale from 0 to 1.

Poisson Arrivals

A process that describes the probability of a given number of events happening in a fixed interval of time or space, assuming these events occur with a known constant mean rate and independently of the time since the last event.

Average Number

A value obtained by dividing the sum of all quantities in a dataset by the number of quantities in that dataset, commonly known as the mean.

FCFS

"First Come, First Served," a method of service in which requests are attended to in the order in which they are received.