Customers at an Amusement Park Arrive at the Rate of 10

question 41

Multiple Choice

Customers at an amusement park arrive at the rate of 10 customers per hour.The entry booth is staffed by one employee.The mean service time at the booth to provide service to each customer is 5 minutes.The arrival rate follows a Poisson distribution,and the service time at the booth follows a negative exponential distribution.Determine the probability of exactly five customers in the system.

• A)4.50%
• B)6.70%
• C)5.60%
• D)3.80%

Acknowledge the impact and requirements of the Sarbanes-Oxley Act on internal controls and financial reporting.

Recognize the importance of separate ledger accounts for different forms of cash.

Understand the enhancement of internal control through the separation of functional responsibilities.

Identify the procedures and significance of a voucher system in accounting for payables.

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