Suppose That the Amount of Time It Takes to Develop

question 68

Multiple Choice

Suppose that the amount of time it takes to develop a new iPhone app is normally distributed with an average of 8 weeks and a standard deviation of 2 weeks.Fill in the blank in the following sentence: "There is a 25% probability that development time will be between how many weeks and 8 weeks."

• A)2.0
• B)6.0
• C)6.7
• D)7.8
• E)8.6

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Definitions:

Enforcement Mechanism

Procedures or methods used to enforce compliance with laws, regulations, or agreements.

Collective Bargaining

The process by which employers and unions negotiate terms of employment, including wages, hours, and working conditions.

Government Regulations

Rules and directives created by government agencies to control or guide specific industries or activities.

Reciprocal Trading

A trading system where countries mutually agree to provide comparable benefits and privileges to each other, often involving tariff reductions or eliminations.