If X, the Time (In Minutes)to Complete an Oil Change $\le$

question 11

Multiple Choice

If x, the time (in minutes) to complete an oil change job at a certain auto service station, is uniformly distributed over the interval 20 to 30, inclusively (20 $\le$ x $\le$ 30) , then the mean of this distribution is ___.

• A)50
• B)25
• C)10
• D)15
• E)5

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Definitions:

Liabilities to Stockholders' Equity Ratio

A financial ratio that compares a company's total liabilities to its shareholders' equity, indicating financial leverage.

Sole Proprietorships

A business structure where the company is owned and run by a single individual, who is solely responsible for its debts and obligations.

Total Owner's Equity

Represents the residual interest in the assets of a company after deducting liabilities; it essentially reflects the owner's claim against the company's assets.

Poor Business Conditions

Suboptimal circumstances affecting commerce, often marked by reduced consumer spending, high unemployment, and economic downturn.