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Exhibit 6-8
The life expectancy of a particular brand of tire is normally distributed with a mean of 40,000 and a standard deviation of 5,000 miles.
-Refer to Exhibit 6-8. What percentage of tires will have a life of 34,000 to 46,000 miles?
Laissez Fair Capitalism
An economic system where private parties are free from government intervention in their economic decisions.
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