Examlex

Solved

The Manager of the Local Grocery Store Has Determined That

question 107

Multiple Choice

The manager of the local grocery store has determined that, on the average, 4 customers use the service desk every half-hour. Assume that the number of customers using the service desk has a Poisson distribution.
-What is the probability that during a randomly selected half-hour period exactly 2 customers use the service desk?


Definitions:

TIE

Times Interest Earned, a financial ratio that measures a company's ability to meet its debt obligations based on its current income.

Operating Costs

The day-to-day expenses involved with running a business, excluding costs associated with production.

Assets

Resources owned or controlled by an entity with expected future economic benefits.

Sales

The total revenue earned from the sale of goods or services related to a company's primary operations.

Related Questions