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Q. The Clear Brook High School band is holding a car wash as a fundraiser to buy new equipment. The average time to wash a car is 4 mins also time is exponentially distributed. Cars arrive at a rate of one every 5 mins or 12 every hour and the number of arrivals per time period is described by the poison distribution.
(a) Illustrate what is the average time foe car waiting in the line?
(b) Illustrate what is the average number of cars in the line?
(c) Illustrate what is the average number of cars in the system?
(d) Illustrate what is the average time in the system?
(e) Illustrate what is the probability there are more than three cars in the system?
Some economists have suggested that the best way to control medical costs is to remove the profit incentive for health care providers, particularly hospitals.
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q1. assume the two rival office supply companies office depot and staples both adopt cost matching policies. if
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Europe has leveled off at Illustrate what fraction of GDP every capita in the United States.
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To better identify increasing price of textbooks, dean asks you, economics Department's star student, to create an index of textbook price. Average student purchase three English, two math and four economics textbook. Prices of these books are giv..
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A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
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