The department chair is out of town at a conference and you, as the assistant department chair, find yourself besieged by dozens of students needing permission to get into a very popular (but closed) class

Student arrivals are governed by the Poisson distribution with a mean of 10 minutes. Telling the students that they can't get into the closed class takes about 5 minutes, and this average is exponentially distributed. About how long do students wait outside your office door?
A) 0.083 minutes
B) 0.083 hours
C) 0.50 minutes
D) 0.50 hours

Answer: B

Business

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A leader who has extensive knowledge and experience in leading a pharmaceutical research team may feel uncomfortable and unprepared when asked to lead a major fund-raising effort for a charitable institution. This example illustrates that practical intelligence is most likely:

A. concerned with knowledge and experience. B. the ability to produce work that is novel. C. the ability to learn new information. D. domain specific.

Business

A major advantage to the use of point-of-sale scanning equipment by retailers is _____

a. lower fixture investment costs b. ease in consumer ability to read prices c. compatibility of codes for supermarkets and department stores d. better inventory control

Business