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Andrew the barber owns a four chai shop. Andrew estimated that each barber would take an average of 30 min to give a haircut in an exponentially distribution fashion. Customers arrive at the rate of 6 per hour in a Poisson distribution find the following.
1) The average number of customer waiting.
2) The average time in minutes a costumer is in the shop
Provide a brief description of the term product strategy
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Discuss the six steps in a marketing research process
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