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Ad libitum [116K]
3 years ago
13

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:
Andreyy893 years ago
8 0

Answer:

D. A Poisson Probability Distribution

Explanation:

Poisson Probability Distribution

This is a probability distribution is used in probability theory and statistics to express the probability of a number of events that occur with a known rate or interval of distance, area, volume or time. Specifically, the Poisson probability distribution named after Simeon Denis Poisson, a French mathematician, is used to express probability where events occur one independent of the other.

Comparing this definition with the waiting line situations, one thing is common, arrivals occur independently of other arrivals and this distribution can be described using the Poisson Probability Distribution.

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The plant union is negotiating with the Eagle Company, which is on the verge of bankruptcy. Eagle has offered to pay for the emp
nexus9112 [7]

Answer:

d. a., b., and c.

Explanation:

Reduction in pay (a) Marginal tax (b) Reduction in tax (c = a x b)

A. $5000                            0.28                              $1,400

B. $4000                             0.15                                  $600

C. $6000                              0.35                                $2100

Reduction in After-tax Income (d = a - c)

A. $3,600

B. $3,400

C. $3,900

this means that all the above a, b, and c options are correct because in all the three cases, the reduction in after-tax pay of the employee will be less than $4000 value of the nontaxable insurance premium to be paid by the employer which would ultimately benefit the employee.

7 0
4 years ago
A customer of Razor Sharpeners alleges that Razor's new razor sharpener had a defect that resulted in serious injury to the cust
Setler [38]

Answer:

Razor should accrue a liability in the amount of $0.

Explanation:

If the likelihood are likely and the quantity can be calculated with satisfactory precision, a contingent liability is to be accumulated. The amount cannot be calculated with reasonable precision in the given situation so no liability is to be acknowledged. Therefore Razor should accrue a liability in the amount of $0.

5 0
3 years ago
4 components of a country market assessment
yuradex [85]
<span>1- Economic Analysis Using Metrics
2- Infrastructure and technology
3- Analyzing Government Actions
4- Analyzing Sociocultural Factors</span>
5 0
4 years ago
On June 30, Setzer Corporation had a market price of $14 per share of common stock. For the previous year, Setzer paid an annual
MArishka [77]

Answer:

Dividend Yield = 7%

Explanation:

<em>The dividend yield is the proportion of the market price that is earned as dividend. The higher the dividend yield the better for the investor.</em>

<em>The dividend yield is calculated as follows:</em>

Dividend yield = Dividend paid /market price per share × 100

= 0.98/14×100 =7 %

Dividend Yield = 7%

5 0
4 years ago
provide the algebraic equation for the monthly aggregate production rate (apr, using si, ei, d1, d2, d3, d4, d5, and m as variab
Paha777 [63]

Forecasting Methods
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You are aware that there are 150 units in stock at the moment (beginning inventory = SI), and ABC's marketing manager predicts that demand for the motor will be 240, 225, 265, 270, 260, and 275 units over the course of the following six months (M = 6). (D1, D2, D3, D4, and D5 respectively).

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4 0
2 years ago
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