A Major Cell Phone Service Provider Has Determined That the Number

question 48

Multiple Choice

A major cell phone service provider has determined that the number of minutes that its customers use their phone per month is normally distributed with a mean equal to 445.5 minutes with a standard deviation equal to 177.8 minutes. The company is thinking of charging a lower rate for customers who use the phone less than a specified amount. If it wishes to give the rate reduction to no more than 12 percent of its customers, what should the cut-off be?

• A) About 237 minutes
• B) About 654 minutes
• C) About 390 minutes
• D) About 325 minutes

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Definitions:

Statute of Limitations

Laws that set the maximum time after an event within which legal proceedings may be initiated.

Unenforceable

A term applied to a contract or clause that, for legal reasons, cannot be enforced by a court.

Undue Influence

A situation where an individual is able to influence another person's decisions due to the power or trust they hold over them, often leading to unfair outcomes.

Duress

Duress occurs when someone performs an act as a result of coercion or a threat of immediate danger to life or personal safety, which compromises the voluntariness of their decision.