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The Distribution of Bankcard Balances for Customers Is Highly Right-Skewed

question 108

True/False

The distribution of bankcard balances for customers is highly right-skewed with a mean of $1,100 and a standard deviation equal to $250. Based on this information, approximately 68 percent of the customers will have bank balances between $850 and $1,350.


Definitions:

Peroxide Initiator

A compound that decomposes to form free radicals, initiating polymerization reactions.

Propylene

A flammable gas that is a colorless hydrocarbon used as a fuel and a petrochemical feedstock.

3-ethyl-3-hexene

An organic compound, specifically an alkene, with a double bond between two of the carbon atoms, and an ethyl group attached to the third carbon atom.

Regio-

A prefix indicating the region or position in a molecule where a chemical reaction occurs, often used in organic chemistry.

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