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Instruction 7.1
Times spent studying by students in the week before final exams follow a normal distribution with a standard deviation of 8 hours. A random sample of 4 students was taken in order to estimate the mean study time for the population of all students.
-Referring to Instruction 7.1,what is the probability that the sample mean is more than 3 hours below the population mean?
Consideration
In contract law, the benefit, interest, or value that must be exchanged between parties engaging in a contract.
Modification
An alteration or amendment to an existing contract or agreement without changing its fundamental essence.
Rescission
the legal act of voiding a contract and returning all parties to their pre-contractual states.
Basis for Rejecting
The rationale or grounds for refusing to accept or deny something, such as an application, offer, or claim.
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