Business at the Kwik-E-Mart Is Brisk, with One Customer Arriving

question 47

Multiple Choice

Business at the Kwik-E-Mart is brisk, with one customer arriving at a rate of six per hour on average. Ringing up purchases is an easy matter for owner/operator Apu; he can usually do so in 2 minutes. If both arrival and service rates are Poisson distributed, how many customers are in the store on average?

• A)0.05
• B)0.16
• C)0.25
• D)0.50

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Definitions:

Events

An occurrence or happening, especially one significant in terms of a statistical analysis or probability calculation.

Event

An occurrence or outcome that is of interest in probability and statistics, which can be quantified and analyzed.

Experiment

A procedure carried out under controlled conditions to test a hypothesis or observe a phenomenon.

Decision Maker

An individual or entity responsible for making choices or decisions, often in a business or organizational context.