If an Average of 12 Customers Is Served Per Hour

question 33

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 less?

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

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Definitions:

Triple Bottom Line

The Triple Bottom Line refers to a framework that evaluates a company's performance based on three factors: social, environmental, and financial.

Corporate Social Responsibility

Business practices involving initiatives that benefit society and the environment beyond profit-seeking motives.

Officers

In the context of corporations, officers are high-ranking individuals appointed to manage the day-to-day operations and make executive decisions on behalf of the company.

Shareholders

Individuals or entities that own shares in a corporation, thus having a stake in the company's equity and potentially influencing its governance.