The Arrival of Customers at a Service Desk Follows a Poisson

question 80

Multiple Choice

The arrival of customers at a service desk follows a Poisson distribution. If they arrive at the rate of two every five minutes, what is the probability that no customers arrive in a five-minute period?

• A) 0.7311
• B) 0.3711
• C) 0.1353
• D) 0.16

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Definitions:

Appraisal Right

A dissenting shareholder’s right to have his or her shares appraised and to receive monetary compensation from the corporation for their value.

Shareholder Vote

An act where individuals or entities holding shares in a corporation participate in deciding on corporate matters through voting.

Consolidation

The process of combining multiple debts, loans, or businesses into a single new loan or corporate entity.

Legal Existence

A term indicating that an entity is recognized under the law as having legal rights and obligations.