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The Actual Number of Hours That a Candle Will Burn

question 33

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The actual number of hours that a candle will burn has an approximate normal distribution with a mean of 18 hours and a standard deviation of 1.2 hours. What is the probability that the candle will burn for Less than 14.4 hours? Give your answer as a percentage.


Definitions:

Acquires Suppliers

The process where a company takes ownership of its suppliers to control the supply chain or reduce production costs.

Acquires Distributors

The process by which a company purchases or assumes control over distribution firms to streamline its supply chain and improve market access.

Forward Integration

A business strategy where a company controls the distribution or the supply chain for its products.

Acquires Distributors

The process by which a company takes ownership of distribution channels or companies to enhance its supply chain effectiveness and market reach.

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