Heights of Fences

question 17

Short Answer

Heights of Fences
Heights of fences are normally distributed with a mean of 52 inches and a standard deviation of 4 inches. ​ ​
-{Heights of Fence Narrative} Find the probability that the mean height of 4 randomly selected fences is under 54 inches.

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Definitions:

Financial Results

The summary outcomes of a company's operations and activities, often presented in terms of income, revenue, profit, and loss.

Subsidiary

A company controlled by another company, often referred to as the parent company.

Acquisition

The process or act of obtaining control, possession, or ownership of a company or assets by purchasing or merging with it.

Consolidation

A combination of two or more businesses in which all of the old legal entities dissolve and a new one with a new name is formed to continue into the future.