Situations in which statistical probabilities can be attributed to alternative potential outcomes are known as __________
Fill in the blank(s) with the appropriate word(s).
Ans: risk
Business
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A(n) ________ state is the normal operating condition of the queuing system
A) primary B) transient C) NOC D) balanced E) steady
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What is the likelihood that there aren't enough customers making purchases or waiting in line to form a barbershop quartet?
A) 0.33 B) 0.30 C) 0.25 D) 0.20
Business