This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A catalog company administered a survey to determine how long customers were willing to wait on hold ... (Read 61 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 24, 2018
A catalog company administered a survey to determine how long customers were willing to wait on hold before ordering a product.
 
  The length of time was found to be a random variable best approximated by an exponential distribution with a mean equal to 3.5 minutes. What proportion of customers having to hold more than 5.0 minutes will hang up before placing an order?A) 0.2397
  B) 0.5714
  C) 0.4286
  D) 0.7603

Question 2

What statistical term describes the 30 plots?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

Sample


james9437

  • Member
  • Posts: 568
Reply 2 on: Jun 24, 2018
Excellent

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Evaluation measures to determine the success of goals Evaluation measures to determine the success of goals
On some engines, it is necessary to watch the direction the rotor is pointing to help determine how ... On some engines, it is necessary to watch the direction the rotor is pointing to help determine how ...
The fuel system should hold pressure if the system is leak free. The fuel system should hold pressure if the system is leak free.
How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay? How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?
Traction neck with head in neutral position. With recipient’s face directly up, hold head at ... Traction neck with head in neutral position. With recipient’s face directly up, hold head at ...
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Video: Stroke volume

For a complete list of videos, visit our video library