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TABLE 2- 5
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 2-5, if 100 calls were sampled, ______of them would have lasted less than 5 minutes or at least 30 minutes or more.
Transaction
An exchange or transfer of goods, services, or funds between two or more parties.
Currency
Currency is a system of money in general use in a particular country, facilitating the exchange of goods and services.
Coins
Metallic forms of money that are legally authorized by a government, typically used as a medium of exchange for goods and services.
Liquid Investments
Investments that can be easily converted into cash without significantly affecting their market price.
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