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Instruction 6-2
The city manager of a large city believes that the number of reported accidents on any weekend has a normal distribution.She takes a sample of nine weekends and determines the number of reported accidents during each.The ordered array for this data is: 15,46,53,54,55,76,82,256,407.
-Referring to Instruction 6-2,the data appears normal.
Distribution
The process of making a product or service available for the consumer or business user that needs it, which can include warehousing, transportation, and logistics.
Entrepreneurial Ability
The capacity to innovate, introduce new products or services, improve processes or business models, and effectively manage and grow a business under conditions of uncertainty.
Production Technique
Production technique refers to the method or process used in transforming inputs into outputs in the production of goods or services.
Total Profits
The total income of a business after all expenses have been deducted from total revenues.
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