• 2021-04-14
    On the average, 1.8 customers per minute arrive at any one of the checkout counters of a grocery store. What type of probability distribution can be used to find out the probability that there will be no customer arriving at a checkout counter?
  • Poisson distribution

    内容

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      16. What does the speaker say some customers do when they arrive at the check-out counter?

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      What is your objective on Gear Up Gear 1: Customers? A: Find out how many customers there are for your innovation B: Find out the customer’s “pain” or problem C: Find out how much of a price discount the Late Majority customers want before they will buy D: Find out which competitor’s products the customers are comparing with your innovation E: Find out how long it will take for your innovation to reach “Main Street”

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      The probability density function for a uniform distribution ranging between 2 and 6 is A: 4 B: undefined C: any positive value D: 0.25

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      In commerce a good salesman is one who____. A: sells something a customer does not particularly want B: always has in stock the thing the customer wants C: can find out quickly the goods required D: does not waste his time on difficult customers

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      After preparing the probability distribution of cost outcome for a project, the estimate, with a 15% probability of being exceeded, is approximately one standard deviation ______ . A: A) below the mean B: B) above the median C: C) above the mean D: D) above the median