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The Time Required to Set Up Lighting for a Portrait

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The time required to set up lighting for a portrait studio is uniformly distributed between 12 and 20 minutes.Use the following random numbers to generate the setup time for 10 customers. The time required to set up lighting for a portrait studio is uniformly distributed between 12 and 20 minutes.Use the following random numbers to generate the setup time for 10 customers.


Definitions:

Borrowing Directly

The process where individuals or entities obtain funding directly from lenders without intermediaries, typically through issuing bonds or obtaining loans.

Supplier of Funds

An entity, such as a bank or financial institution, that provides capital to individuals or businesses in the form of loans or investments.

Saver

An individual or entity that regularly saves money through traditional saving vehicles or investments, often with the goal of achieving financial security or accumulating wealth.

Financial Intermediary

Institutions that act as middlemen between savers and borrowers, including banks, investment funds, pension funds, and insurance companies.

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