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Assume That X Has a Normal Distribution, and Find the Indicated

question 96

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Assume that X has a normal distribution, and find the indicated probability.
-The mean is μ=22.0\mu = 22.0 and the standard deviation is σ=2.4\sigma = 2.4 . Find the probability that X\mathrm { X } is between 19.719.7 and 25.325.3 .


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Market Failure

A scenario where goods and services distributed by an unrestricted market fail to achieve efficiency, frequently making a case for governmental involvement.

Poor Information

A situation where individuals or entities make decisions based on incomplete, inaccurate, or misleading information.

Repeat-purchase Item

A product or service that is bought by consumers on a regular basis due to its continuing need or satisfaction.

Free Riders

Individuals or entities that benefit from resources, goods, or services without paying for them or contributing to their provision.

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