Manager of dwein bank records the arrival of customers

Assignment Help Accounting Basics

Reference no: EM131073373

1. The manager of DWEIN BANK records the arrival of customers and on the average; three costumers arrive per minute at the bank during the noon to 1 P.M. hour.

a. What is the probability that in a given minute exactly two customers will arrive?

b. What is the probability that more than two customers will arrive in a given minute?

Reference no: EM131073373

Questions Cloud

Financial projections-after-tax profit : You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $409699 Wages and benefit $226160 Rent $5349 Depreciation $25568 Utilities $2442 Medical supplies $48524..

Exceptional knowledge of the engineering : Zack has been with your company for 20 years. He has an exceptional knowledge of the engineering aspects of a large project that the company is implementing.

What number of visits is required to break even : You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $416541 Wages and benefit $205597 Rent $4129 Depreciation $28555 Utilities $2495 Medical supplies $45344..

Event production-discussion : An aged shopping mall is undergoing renovations and the management company has hired you to coordinate an "exiting entertainment extravaganza" to celebrate their grand reopening. They want to tie this in with a special "Midnight Madness Sale" prom..

Manager of dwein bank records the arrival of customers : 1. The manager of DWEIN BANK records the arrival of customers and on the average; three costumers arrive per minute at the bank during the noon to 1 P.M. hour.

Possible risk events and contingency plans : A risk plan needs to be developed for a marathon that will be held in New York City in April. This is the 10th annual event and the crowd is estimated to be at 5,000, with 100 vendors. Explain and justify possible risk events and contingency plans..

Degree of default risk and mature-coupon rate of return : Assume you have a one-year investment horizon and are trying to choose among three bonds. All have the same degree of default risk and mature in 10 years. The first is a zero-coupon bond that pays $1,000 at maturity. What is your rate of return on ea..

Examining the relationship of sales and cost of sales : Assume that the auditor proposes that sales be audited by examining the relationship of sales and cost of sales to that of the previous two years, as adjusted for an increase in gross domestic product.

Main goal of a collaborative planning : What is the main goal of a Collaborative Planning, Forecasting, and Replenishment (CPFR) process?

User Account

All Pages