TABLE 2-6 The Following Are the Durations in Minutes of a Sample

question 100

Multiple Choice

TABLE 2-6
The following are the durations in minutes of a sample of long-distance phone calls made within the continental United States reported by one long-distance carrier.

-Referring to Table 2-6, if 100 calls were randomly sampled, ________ of them would have lasted at least 15 minutes but less than 20 minutes.

• A) 6
• B) 8
• C) 10
• D) 16

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Definitions:

Economic Duress

Refers to a situation where one party compels another to agree to a contract under threats or pressure that deprive the victim of their free will.

Misrepresentations

False statements or lies that can affect contracts and agreements, leading to possible legal action for rescission or damages.

Economic Duress

A situation where a person or entity is forced to enter into an agreement or transaction due to financial pressure or threats.

Disproportionately Small

Referring to an amount or share that is significantly less than what is considered fair or equal in comparison to others.