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Subway Waiting Time
At a subway station the waiting time for a subway is found to be uniformly distributed between 1 and 5 minutes.
-{Subway Waiting Time Narrative} What is the probability that the subway arrives in the first minute and a half?
Written Commitment
A formally documented promise or agreement, often legally binding, outlining specific actions or behaviors.
Open Account Agreement
A payment term arrangement between sellers and buyers where goods are shipped and delivered before payment is due.
Least Safe
Describes items or situations that are considered to have the highest level of risk or danger compared to others.
Unfavorable Balance
A financial situation where expenses or payments are greater than earnings, income, or cash inflows, often relating to trade deficits.
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