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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The distribution of IQ scores for high school graduates is normally distributed with mean μ = 104 and standard deviation σ = 16.
-What fraction of the IQ scores would be between 97 and 126?
Non-conforming Goods
Non-conforming goods are products delivered to a buyer that do not meet the specifications or quality standards agreed upon in a contract of sale.
Claim
A demand or request for something considered due, such as money, property, or enforcement of a legal right.
UCC Article 2
UCC Article 2 pertains to the sale of goods within the United States, setting forth the rights, responsibilities, and obligations of buyers and sellers.
Perishable Goods
These are items, especially foodstuffs, that are liable to spoil or decay and thus have a short shelf life, requiring careful handling and storage.
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