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Decorate A store sells ornaments for Christmas trees. The prices of the ornaments are roughly normally distributed with a mean of $7.65 and a standard deviation of $1.45. a. What is the probability that a randomly selected ornament will cost more than $10?
b. If eight ornaments are randomly selected, what is the probability that exactly 3 of them cost over $10?
Human Resource Plans
Strategic plans to ensure that an organization has the right number and kinds of capable employees to meet its objectives.
Competitive Strategies
Techniques and tactics businesses employ to gain an advantage over competitors, such as differentiation, cost leadership, or focusing on niche markets.
Job Candidates
Job candidates are individuals applying for or being considered for employment positions within an organization.
Forecasting Sales
The process of estimating future sales volumes based on historical sales data, market trends, economic conditions, and other factors to help in planning and decision-making.
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