1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anvisha [2.4K]
4 years ago
15

For many waiting line situations, the arrivals occur randomly and independently of other arrivals and it has been found that a g

ood description of the arrival pattern is provided by
a. a normal probability distribution.
b. an exponential probability distribution.
c. a uniform probability distribution.
d. a Poisson probability distribution.
Business
1 answer:
Scrat [10]4 years ago
5 0

Answer:

d. a Poisson probability distribution.

Explanation:

Based on the information provided within the question it can be said that the best description of the arrival pattern is provided by a Poisson probability distribution. This concept that tries to map out the probability that a given number of the same event occurred during a fixed interval of time. Which in this case would be the other arrivals during the set amount of time you are in the waiting line.

You might be interested in
For a segmentation strategy to be successful, the customers in the segment must react similarly and positively to a firm's offer
riadik2000 [5.3K]
I had to look for the options and here is my answer:

Segmentation strategies are divided into five categories: behavior, benefit, demographic, geographic and psychographic. These strategies aims for the population or market subdivision. For the strategy to become successful, the ability of the customers to positively react to the firm's offering is being responsive. 
3 0
4 years ago
On January​ 1, 2019, Castle Services issued $ 174 comma 000 of sixminus ​year, 12 ​% bonds when the market interest rate was 11
Marysya12 [62]

Answer: Debit: Interest expense $9900

Debit: Premium on bonds payable $540

Credit: Cash $10440

Explanation:

First and foremost, the cash payment will be calculated as:

= $174,000 × 12% × 6/12

= $174,000 × 0.12 × 0.5

= $10440

Interest expenses will be calculated as:

= $180000 × 11% × 6/12

= $180000 × 0.11 × 0.5

= $9900

Therefore, the journal entry to record the first interest​ payment would be:

Debit: Interest expense $9900

Debit: Premium on bonds payable $540

Credit: Cash $10440

8 0
3 years ago
_____ generally receive fixed payments regardless of how the firm does, while ______ earn higher returns when the firm's earning
MrMuchimi

Answer:

Bondholders

stockholders

3 0
4 years ago
In the United States, businesses have substantial freedom from government interference, but the government will step in and regu
12345 [234]

Answer:

capitalism

Explanation:

No country in the world is completely capitalistic or completely socialistic. Every government is a mixture of both, but most lean towards on side or the other.

The US was normally known as being the champion of capitalism, but when the republican party shifted its free market policies towards higher regulations and less trade, that started to change. On a capitalistic system, private entities (suppliers and consumers) decide how to allocate resources and they generally do it much more efficiently.

Pure capitalism doesn't accept governments, the laissez faire doctrine advocates for no government intervention, but in a real it is not possible.

Even in capitalistic countries, governments must exist and they need money to function, so they tax people and businesses. They also regulate some specific activities (e.g. monopolies, trade tariffs, etc.) and they try to redistribute wealth (e.g. welfare, unemployment benefits, free education, social security, etc.).

The US is still one of the most capitalistic countries in the world, although the last foreign policies point in another direction. Before the US advocated for free trade agreements and free trade zones, but that has been partially replaced by trade tariffs and quotas.

5 0
3 years ago
Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production
sesenic [268]

Answer:

a, c , d

investment

decreasing

no effect

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6. Externalities

Investment spending by businesses includes purchases made by businesses. So, investment spending increases. Net export decreases because import is a negative function of GDP. The increase and decrease cancel each other out and there would be no change in GDP

6 0
4 years ago
Other questions:
  • A monopolist that practices perfect price discrimination A. charges one group of buyers a higher price than another group, such
    5·2 answers
  • Type the correct answer in the box. Spell all words correctly. Which term describes the solution to a multiplication problem? de
    6·1 answer
  • All currencies are worth exactly the same.<br><br> Question 45 options:<br> True<br> False
    9·2 answers
  • Review the steps in the accounting cycle and answer the following​ questions:
    9·1 answer
  • c. At the beginning of the year, Quaker Company's liabilities equal $41,000. During the year, assets increase by $60,000, and at
    15·1 answer
  • Is also known as oral administration.
    5·1 answer
  • Sue and Kevin Kellman signed a contract for the construction of a cabin near Pinetop. In building the $562,000 cabin, the builde
    10·1 answer
  • Pigot Corporation uses job costing and has two production departments, M and A. Budgeted manufacturing costs for the year are as
    7·1 answer
  • Lakatos Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following
    7·1 answer
  • A farmer in Germany can use his land to produce corn or wheat. Suppose he can produce 1 million bushels of corn if it devotes al
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!