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The Manager at a Local Movie Theater Has Collected Data

question 59

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The manager at a local movie theater has collected data for a long period of time and has concluded that the revenue from concession sales during the first show each evening is normally distributed with a mean equal to $336.25 and a variance equal to 1,456. Based on this information, what are the chances that the revenue on the first show will exceed $800?


Definitions:

Corporate Structure

The organizational design and hierarchical arrangement of divisions, roles, and responsibilities within a corporation, determining the manner in which it operates and makes decisions.

Virtual Team

A group of individuals who work together from different geographical locations and rely on communication technology to collaborate on projects and tasks.

Coordination And Synchronization

The processes of organizing tasks, activities, and efforts among team members to ensure smooth, efficient, and timely execution.

Repetition

The act or process of doing or saying something again, often for emphasis or to aid in learning.

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