A Waiting-Line System That Meets the Assumptions of M/M/1 Has

question 128

Multiple Choice

A waiting-line system that meets the assumptions of M/M/1 has λ = 1, μ = 4. For this system, the probability of more than two units in the system is approximately

• A) zero
• B) 0.015625
• C) 0.0625
• D) 0.25
• E) 0.9375

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Definitions:

Prospectus

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In finance, an underwriter's promise to purchase all the unsold shares of an issue, thereby guaranteeing the amount of capital that the issuer will raise.