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A carload of steel rods has arrived at Cybermatic Construction Company. The car contains 50,000 rods. Claude Ong, manager of Quality Assurance, directs his crew measure the lengths of 100 randomly selected rods. If the population of rods have a mean length of 120 cm and a standard deviation of 0.05 cm, the probability that Claude's sample has a mean less than 119.985 cm is ___.
E-commerce
The exchange of goods and services or the transfer of money or information, mainly through the internet or other electronic networks.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed by the party to be charged with the contract, in order to be enforceable.
Oral Contracts
Agreements made verbally rather than in written form, which can be legally binding under certain conditions.
Memorandum
A written document or note that serves as a means of communication or a record of information.
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