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Messenger Service
Three messenger services deliver to a small town in Oregon.Service A has 60% of all the scheduled deliveries,service B has 30%,and service C has the remaining 10%.Their on-time rates are 80%,60%,and 40% respectively.Define event O as a service delivers a package on time.
-{Messenger Service Narrative} If a package was delivered 40 minutes late,what is the probability that it was service C?
Exponential Smoothing
A forecasting technique that applies diminishing weights on past observations to predict future values, often used in inventory and sales forecasting.
Weighted Moving Average
A calculation that averages a set of numbers with emphasis given to certain values in the set.
Coping-skills Therapies
A form of psychotherapy that focuses on teaching individuals strategies and techniques for managing stress and coping with challenges.
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