If an Average of 12 Customers Is Served Per Hour

question 19

Multiple Choice

If an average of 12 customers is served per hour, what is the probability that the next customer will arrive in 3 minutes or more?

• A) 0.55
• B) 0.30
• C) 0.45
• D) 0.39

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Definitions:

Substantial Part

A significant or large portion of a whole, which is essential or important in nature.

Anticipatory Repudiation

A declaration or action by a party indicating they will not fulfill their contractual obligations, allowing the other party to seek remedies.

Expressly Notifies

To inform or declare something in a direct and explicit manner.

Conforming Goods

Items that meet the specifications and standards set forth in a purchase contract.