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Scenario: There is only one teller working at a bank. The teller takes an average of 3 minutes to service a customer. Assume that the time the teller takes to service a customer can be represented as an Exponential Probability distribution.
Customers arrive at the teller line at the average rate of 1every 10 minutes. Their arrival pattern follows a Poisson distribution.
Of 200 customers who get serviced by the teller, how many can expect to be serviced inmore than 6 minutes?
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In Godin's article, he discusses how ideas spread. Based on the logic explained in the article, describe how a product currently offered by your employer (or another organization with which you are familiar) could be improved from asking two (2) new ..
What is the distinction between demand for insurance and demand for medical care?
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Assume that the risk-free rate is 6% and that the market risk premium is 5%. What is the required rate of return on a stock with a beta of 0.8? Round your answer to two decimal places. What is the required rate of return on a stock with a beta of 2.5..
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Address such issues as personalities and how they can affect relationships within and without the technical staff. Please include references.
Identify and estimate the distribution channels employed to distribute the product in question. What kinds of channels are used? List all the channel members as well as describe their functions
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