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Fill in the Blanks by Standardizing the Normally Distributed Variable

question 141

Multiple Choice

Fill in the blanks by standardizing the normally distributed variable.
-The amount of time that customers wait in line during peak hours at one bank is normally distributed with a mean of 14 minutes and a standard deviation of 3 minutes. The percentage of
Time that the waiting time exceeds 12 minutes is equal to the area under the standard normal curve
That lies to the ___ of ___.


Definitions:

Human Rights

The basic rights and freedoms that all individuals are entitled to, regardless of nationality, sex, national or ethnic origin, race, religion, language, or other status.

Sarbanes-Oxley Act

A law enacted in 2002 aimed at improving corporate governance and preventing corporate fraud through stringent accounting and auditing regulations.

Corporate Wrongdoers

Companies or their representatives who have engaged in illegal, unethical, or improper conduct.

Ethical And Socially Responsible

Conducting oneself or an organization in a manner that is mindful of the welfare of society and operates within ethical standards and principles.

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