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When Customers Come to a Bank,there Are Three Primary Locations

question 68

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When customers come to a bank,there are three primary locations they may select to go to: teller,loan officer,or escrow department.Based on past experience,the following probability distribution applies: When customers come to a bank,there are three primary locations they may select to go to: teller,loan officer,or escrow department.Based on past experience,the following probability distribution applies:   Seventy percent of customers are males.The probability that three consecutive customers all go to a teller is approximately 0.22. Seventy percent of customers are males.The probability that three consecutive customers all go to a teller is approximately 0.22.


Definitions:

Representative

Someone or something that serves as a typical example or is characteristic of a group, population, or set.

Unobtrusive Measures

Observations of people’s behavior without them being aware of such observation.

Researcher-Researched Relationship

The dynamic and ethical interaction between the researcher and the subjects being studied.

Unobtrusive Measures

Research methods that study the behavior of individuals without their awareness or without interfering in the natural state of those being observed.

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