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Use the normal distribution to approximate the desired probability.
-Find the probability that in 200 tosses of a fair die, we will obtain at most 30 fives.
Indirect Competition
Competition between businesses offering different products or services that satisfy the same customer needs or desires.
Direct Competition
Companies or businesses that offer the same or similar products or services and target the same customer base, competing directly in the market.
Nonprofit Organizations
Nonprofit Organizations are entities that operate for the collective, public, or social benefit, rather than to generate profit for owners or investors.
Federal Funds
The reserve balances that commercial banks hold at their regional Federal Reserve Bank, often lent overnight to other banks to help meet reserve requirements.
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