The Number of Customers Who Enter a Bank Is Thought

question 29

Multiple Choice

The number of customers who enter a bank is thought to be Poisson distributed with a mean equal to 10 per hour. What are the chances that 2 or 3 customers will arrive in a 15-minute period?

• A) 0.0099
• B) 0.4703
• C) 0.0427
• D) 0.0053

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Definitions:

Employment Equity Program

Initiatives designed to correct imbalances and ensure fairness in hiring, promotion, and retention practices within organizations, particularly for underrepresented groups.

Workforce Analysis

A systematic process of identifying and examining the composition, skills, and other demographics of an organization’s workforce to inform planning and decision-making.

Federally Regulated Employers

Employers who operate under the jurisdiction of federal labor laws rather than provincial or state regulations.