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Students who have completed a speed reading course have reading speeds that are normally distributed with a mean of 950 words per minute and a standard deviation equal to 220 words per minute. If two students were selected at random, what is the probability that they would both read at less than 400 words per minute?
Pro Rata
A method of allocating an amount proportionally based on a share of some total, such as time or quantity.
Financially Sound
Describes a state in which an entity is stable, profitable, and has a strong balance sheet.
Correctable Problems
Issues or challenges within an organization that can be resolved or improved upon through appropriate measures.
Target Company
A company that is the subject of a merger or acquisition by another company, often referred to in the context of takeover bids.
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