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A Small Computing Center Has Found That the Number of Jobs

question 99

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A small computing center has found that the number of jobs submitted per day to its computers has a distribution that is approximately mound-shaped and symmetric, with a mean of 88 jobs and a standard deviation of 7. Where do we expect approximately 95% of the distribution to fall?


Definitions:

Straight-Line Method

A method of allocating the cost of a tangible asset over its useful life in equal periodic amounts.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, making it the simplest form of depreciation.

Residual Value

The projected worth of an asset upon reaching the conclusion of its operational lifespan.

Impaired Goodwill

A situation where the value of goodwill on the balance sheet exceeds its fair value, indicating that it has lost some or all of its value.

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