What is the mean time to resolve the problem

Assignment Help Finance Basics
Reference no: EM132172395

Question - Customers experiencing technical difficulty with their Internet cable hookup may call an 800 number for technical support. It takes the technician between 35 seconds to 18 minutes to resolve the problem. The distribution of this support time follows the uniform distribution.

(a) What are the values for a and b in minutes?

(b-1) What is the mean time to resolve the problem?

(b-2) What is the standard deviation of the time?

(c) What percent of the problems take more than 5 minutes to resolve?

(d) Suppose we wish to find the middle 50% of the problem-solving times. What are the end points of these two times?

Reference no: EM132172395

Questions Cloud

Examine reasons for measuring sustainability performance : In strategic sustainability planning, it is important to address issues of goal clarity and reasons for failure to deliver performance.
Issues and problems in each case study organisation : Identifies the HRM problems that are present in these organisations - analyses the effects of these problems on the employees, managers and organisational
Technological advance legal requirement social need : Marketing Demand Business Need Customer Request Technological Advance Legal Requirement Social Need.
Explain the rules of forming an s-corp : You are the lead S-Corporations tax specialist in your area. You have been asked to give a talk to business owners interested in this form of organization.
What is the mean time to resolve the problem : Customers experiencing technical difficulty with their Internet cable hookup may call an 800 number for technical support. What is mean time to resolve problem
Discuss about the time value of money concept : The time value of money is a critical concept to understand in accounting, especially when dealing with loans, investment analysis, and capital budgeting.
How does wells fargos dividends distribute : Company's WACC, and how does it affect Wells Fargo's future growth? How does Wells Fargo's dividends distribute?
How well is profit being generated from company assets : Complete a ratio analysis for THE COMPANY. Please remember that you are the financial analyst of THE COMPANY and should prepare the report to be read.
Develop a presentation for your senior leadership : At this time, senior management is reluctant and disinterested in promoting the millennials to leadership roles.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the weighted average cost of capital

If the corporate tax rate is 35%, what is the weighted average cost of capital.

  You are in charge of a new missouri state lottery the

you are in charge of a new missouri state lottery. the lottery rules say that winners are to be paid 10 million in the

  Kanwai fans produces 25000 fans per day at a cost of 750

kanwai fans produces 25000 fans per day at a cost of 7.50 each material and labor. it takes the firm 12 days to convert

  Explore some option of msgbox style

Problem 1: Write a sub routine to display the following message. The message should at the top of all other window, and it should prevent the user from doing anything in any application until one of the buttons is clicked.

  What is yield to maturity

They have a 15-year maturity, an annual coupon rate of 9.5%, and a par value of $1,000. What is their yield to maturity?

  Determine the length of time the sheets must be exposed

Determine the length of time the sheets must be exposed until half of their mass will be sublimed under these conditions.

  Hydrotech corp stock was 32 per share at the end of last

hydrotech corp stock was 32 per share at the end of last year. since then it paid a 1 per share dividend. the stock

  What is meant by weighted average cost of capital wacc

what is meant by weighted average cost of capital wacc? what are the components of wacc? why is wacc a more appropriate

  Please check my work below figuring the capm approach

Please check my work below figuring the CAPM approach. Finally, how do I go about utilizing the discounted dividend approach to story problem below?

  Continuous compounding for all maturities

A stock is expected to pay a dividend of $2.60 per share in 1 months and in 4 months. The current stock price is $58, and the risk-free interest rate is 8% per annum with continuous compounding for all maturities. An investor has just taken a long po..

  What is the expected return for growth rate

The Expected Return to Buying a Google Share (Medium) Exhibit 7.1 lays out a proforma for Google, Inc., as of May 2011. Refer to the exhibit to answer.

  Explain the meaning and significance of the given ratios

Explain the meaning and significance of the following ratios that have been calculated from the financial information given in this question and for the previous year.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd