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The Age of Customers at a Local Hardware Store Follows

question 11

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The age of customers at a local hardware store follows a uniform distribution over the interval from 18 to 60 years old. Find the average age of customers to this hardware store.


Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and our daily lives, encompassing everything from gadgets to complex systems.

Public Companies

Corporations whose shares are traded publicly on stock exchanges, subject to regulatory oversight and required to disclose financial information.

Big Data

Vast collections of data that, when computationally analyzed, can expose patterns, trends, and connections, with a special focus on human behavior and interactions.

Microsegment

A very specific group of customers within a market, characterized by particular and distinct preferences or needs.

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