Which Model Best Describes the Number of Incorrect Fare Quotations

question 43

Multiple Choice

Which model best describes the number of incorrect fare quotations by a well-trained airline ticket agent between 2 p.m.and 3 p.m.on a particular Thursday.

• A)Binomial
• B)Poisson
• C)Hypergeometric
• D)Uniform

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Definitions:

Operating Income Before

Income derived from regular business operations before deductions such as interest and taxes.

Support Department Allocations

The process of distributing overhead costs from support or service departments to producing or operating departments based on their usage of those services.

Operating Income

Earnings before interest and taxes (EBIT), indicating the profitability from regular business operations.

Profit Center Manager

An individual responsible for managing a segment or division of a business that is treated as its own unit for the purpose of calculating its profitability.