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?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
l 1 customer20 minutes 1 l 1 a 1 hour interval x 0 3 because 1 hour 320 m...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 978-1118749647
8th edition
Authors: Black Ken
Question Posted:
Students also viewed these Statistics questions
-
In Prob. 15, what is the probability that at least one of the tires will not last for 25 000 miles?
-
What is the probability that at least 2 women will have a low birth-weight delivery? Obstetrics A study was performed of different predictors of low birth-weight deliveries among 32,520 women in the...
-
Gallatin Hardware is a small hardware store in the rural township of Willow Creek that rarely extends credit to its customers in the form of an account receivable. The few customers that are allowed...
-
How do accounting differences impact the usefulness of financial ratio comparisons?
-
Pick the three values you feel the authors of this book were most inaccurate in the chapter in describing the current American values. Justify your answers.
-
How would the amount of fuel required to send a spacecraft from Earth to the Moon compare with the amount needed to send the same spacecraft from the Moon back to Earth. Explain. (Numerical values...
-
Assuming that the necessary assumptions are met, construct a 95% confidence interval for \(ho\) when (a) \(r=0.72\) and \(n=19\); (b) \(r=0.35\) and \(n=25\); (c) \(r=0.57\) and \(n=40\).
-
Bose Corporation is an organization that specializes in audio equipment that meets virtually any audio challenge. Bose Corporation's audio technologies can be found in home stereos, stadiums, the...
-
You have an object with an unknown electric charge. In other words, it could be neutral, negatively charged, or positively charged. You make two observations about this object. 1. The object of an...
-
Retention factors for three solutes separated on a C8 nonpolar stationary phase are listed in the table on the next page. Eluent was a 70:30 (vol/vol) mixture of 50 mM citrate buffer (adjusted to pH...
-
A U.S. Bureau of Labor Statistics survey showed that one in five people 16 years of age or older volunteers some of his or her time. If this figure holds for the entire population and if a random...
-
According to an NRF survey conducted by BIG research, the average family spends about $237 on electronics (computers, cell phones, etc.) in back-to-college spending per student. Suppose...
-
Consider the following BIP problem: Maximize Subject to and all xj binary. Z=2x1 +3x2 +x3 + 4x4 + 3x5 +2t6 27 + 3x 3x2 + x4 + x23 12 t 12 26 3x7 2x 2 4
-
You asked by USAD please provide your response not later that Monday Feb 26 "Hello As indicated in the email below, we have received a few questions from USAID concerning your budget, which were...
-
A 50-year-old professional earning $150,000 annually, is single with no dependents. He has a generous defined benefit pension plan. His registered retirement savings plan (RRSP) is worth $1 million,...
-
Ron's investment in his XYZ partnership interest on December 31, 2022, was $12,000. As the result of a serious downturn in business, the partnership calculates Ron's share of the partnership's losses...
-
What is the best strategic plan for HP Inc.'s partnership with Poly Solutions include an analysis of financial information and recommendations for increased profitability?
-
Employers who provide their employees with the use of a motor vehicle (truck, bus, etc.) for personal use, which is not included in the definition of an automobile, calculate a fair market value...
-
Why do low-income countries like Brazil, Egypt, or Vietnam have lower environmental standards than high-income countries like the Germany, Japan, or the United States?
-
Rewrite Programming Exercise 7.5 using streams. Display the numbers in increasing order. Data from Programming Exercise 7.5 Write a program that reads in 10 numbers and displays the number of...
-
A close-coiled helical spring of stiffness \(30 \mathrm{~N} / \mathrm{mm}\) is arranged with another spring of stiffness \(60 \mathrm{~N} / \mathrm{mm}\). The stiffness of composite unit is: (a) \(10...
-
Use the chi-square goodness-of-fit to test to determine if the following observed data are normally distributed. Let = .05.What are your estimated mean and standard deviation? Category Observed...
-
In one survey, successful female entrepreneurs were asked to state their personal definition of success in terms of several categories from which they could select. Thirty-nine percent responded that...
-
The following percentages come from a national survey of the ages of prerecorded-music shoppers. A local survey produced the observed values. Does the evidence in the observed data indicate that we...
-
A cyclist accelerates from rest along straight, horizontal path for a time t accel = 17.5 s at a rate of a = 1.1 m/s squared. part a) Calculate the magnitude of the displacement, in meters, for the...
-
Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Accounts receivable Percent uncollectible Total $ 153,500 0 $ 91,000 1 to 30 $...
-
The Fibonacci number Fn is recursively defined as F(n) F(n-1)+F(n-2), where F(1) =1 and F(2) = 1. So, F(3) F(2)+F(1)=1+1=2, and so on. Write the MIPS assembly for the fib(n) function, which computes...
Study smarter with the SolutionInn App