An entrepreneur opened a small hardware store in a strip mall. During the first few weeks, business
Question:
a. What is the probability that at least one hour would elapse between customers?
b. What is the probability those 10 to 30 minutes would elapse between customers?
c. What is the probability that less than five minutes would elapse between customers?
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l 1 customer20 minutes 1 l 1 a 1 hour interval x 0 3 because 1 hour 320 m...View the full answer
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Related Book For 
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
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