BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Fast food restaurants pride themselves in being able to fill orders quickly. A study was done at a local fast food restaurant to determine how long it took customers to receive their order at the drive-thru. It was discovered that the time it takes for orders to be filled is exponentially distributed with a mean of 1.5 minutes. What is the probability that it takes less than one minute to fill an order?
A
0.7769
B
0.1813
C
0.6321
D
0.4866
Explanation: 

Detailed explanation-1: -The correct answer to the given question is option The value of the mean is always greater than the value of the standard deviation.

There is 1 question to complete.