Examlex
The amount of time workers spend commuting to their jobs each day in a large metropolitan city has a mean of 70 minutes and a standard deviation of 20 minutes. Assuming nothing is known about the shape of the distribution of commuting times, what percentage of these commuting times are between 30 and 110 minutes?
Coefficient
A numerical or constant quantity placed before and multiplying the variable in an algebraic expression, often representing a measure of some property.
Midpoint Formula
A method used in geometry and economics to find the midpoint or the average of two points on a line segment.
Consumer Expenditure
The total amount spent by consumers on goods and services in a given period.
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