A Bank Manager Estimates That an Average of Two Customers

question 150

Multiple Choice

A bank manager estimates that an average of two customers enters the tellers' queue every five minutes. Assume that the number of customers that enters the tellers' queue is Poisson distributed. What is the probability that at least two customers enter the queue in a randomly selected five-minute period?

• A) 0.1353
• B) 0.2707
• C) 0.4060
• D) 0.5940

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Definitions:

Stakeholder Relationship

The dynamic and interactions between an organization and those with vested interests in its operations, including employees, clients, suppliers, and the community.

Corporate Restructuring

The process of significantly modifying the structure or operations of a corporation for the purpose of enhancing profitability or addressing financial challenges.

Equal Pay Act

a law that requires employers to pay all employees equally for equal work, regardless of the employee's gender, in order to prevent wage discrimination.

Human Resources Management

The process of sourcing, employing, placing, and overseeing an organization's workforce.