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Solve the problem.
-Frequency data were reported for the ages of women who became mothers during one year in a selected U.S. city. The age distribution is given in the table. Obtain a relative-frequency histogram
Of these data and determine whether the ages are approximately normally distributed.
Utility-Maximizing
The economic principle where individuals or firms make choices that lead to the highest level of satisfaction or profit.
Satisfaction
The fulfillment or gratification of a need, desire, or appetite, often used in the context of consumer experiences with goods or services.
Demand Curve
A visual depiction showing how the quantity of a product demanded by buyers varies with its price.
Horizontal Summation
A method used to determine the total market demand or supply by adding together the quantities demanded or supplied at each price by all individuals.
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