Instruction 2 -Referring to Instruction 2

question 73

Multiple Choice

Instruction 2.4
The following are the durations in minutes of a sample of long-distance phone calls made within Australia reported by one long-distance carrier.
$$\begin{array} { | l | l | } \hline \text { Time (in Minutes) } & \text { Relative Frequency } \\\hline0 \text { but less than 5 } & 0.37 \\\hline 5 \text { but less than 10 } & 0.22 \\\hline \begin{array} { l } 10 \text { but less than } \\15\end{array} & 0.15 \\\hline \begin{array} { l } 15 \text { but less than } \\20\end{array} & 0.10 \\\hline \begin{array} { l } 20 \text { but less than } \\25\end{array} & 0.07 \\\hline \begin{array} { l } 25 \text { but less than } \\30\end{array} & 0.07 \\\hline 30 \text { or more } & 0.02 \\\hline\end{array}$$
-Referring to Instruction 2.4,if 100 calls were randomly sampled,how many calls lasted 15 minutes or longer?

• A) 74
• B) 14
• C) 10
• D) 26

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Definitions:

Strategy Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including setting goals and determining actions.

Organization

An entity comprising multiple people, such as an institution or an association, that has a collective goal and is linked to an external environment.

Functional Level

Pertains to the specific, operational areas within an organization, including departments like marketing, finance, HR, and operations, focusing on specialized tasks and strategies.

Specialists

Experts or organizations highly skilled in a specific and narrow area of a field or industry.