If Cars Arrive to a Service Center Randomly and Independently

question 46

Multiple Choice

If cars arrive to a service center randomly and independently at a rate of 5 per hour on average, what is the probability that exactly 5 cars will arrive during a given hour?

• A) 0.1755
• B) 0.6160
• C) 0.1277
• D) Essentially zero

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Definitions:

Free Markets

Economic systems in which prices for goods and services are determined by the open market and consumers, with minimal government intervention.

Inequality

The state of not being equal, especially in status, rights, and opportunities, often discussed in social, economic, and political contexts.

Declaration of Independence

A historical document whereby the thirteen American colonies declared their independence from British rule in 1776.

Talents and Abilities

These refer to the natural aptitudes and learned skills that individuals possess, which enable them to perform certain tasks effectively.