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A group of 625 students has a mean age of 15.8 years with a standard deviation of 0.6 years. If the random variable x = Age is normally distributed,
a) What is the probability that a student will be younger than 16.2 years?
b) How many students are older than 16.2 years?
Contract Law
A legal framework governing the binding agreements between parties, setting the rules for formation, execution, and enforcement of contracts.
Full Satisfaction
The complete fulfillment or settlement of a debt, obligation, or claim.
Debt
An amount of money borrowed by one party from another, typically under the agreement that it is to be repaid with interest.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise when the other party has reasonably relied on that promise to their detriment.
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