A call center receives calls from customers at a rate of 2 per min. The time between customer calls follows an exponential distribution
(a) What is the probability that it takes 1/3 of a minute or less between consecutive customer calls?
(b) What is the probability that it takes 1/2 of a minute or more between consecutive customer calls?
(a) 0.487 (b) 0.368
Business
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The current ratio may indicate that the company is using its assets effectively
Indicate whether the statement is true or false
Business
Which of the following is not one of Clayton Christensen's principles of disruptive innovation?
A) Companies depend on customers for resources. B) Small markets don't satisfy the growth needs of large companies. C) Markets that don't exist can't be analyzed. D) Technology supply may not equal market demand. E) E-commerce activities can be divided into three categories.
Business