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It has been reported that the average time to download the home page from a government website was 0.9 seconds. Suppose that the download times were normally distributed with a standard deviation of 0.3 seconds. If random samples of 36 download times are selected:
-Describe the shape of the sampling distribution.How was this determined?
Quantity Output
The total amount of goods or services produced by a business, sector, or economy.
Noncooperative Behavior
Actions by firms that ignore the effects of those actions on the profits of other firms.
Marginal Costs
The cost incurred by producing one additional unit of a product.
Industry Output
The total product or service produced by companies within a specific sector or industry.
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