Assume That the Flight Time for U

question 9

Multiple Choice

Assume that the flight time for U.S. Airways flight 1267 from Philadelphia to Dallas follows the uniform probability distribution between 210 and 250 minutes. What is the probability that a randomly selected flight will take more than 225 minutes?

• A)0.700
• B)0.625
• C)0.195
• D)0.361

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Definitions:

English Architect

A professional who designs buildings in England or is from England, known for contributions to architectural styles and movements.

Moral-Hazard

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The process of overseeing employees' work activities and performance, often through the use of technology or other means.

Asymmetric Information

A situation in which one party in a transaction has more or superior information compared to another.