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Albert Abbasi,VP of Operations at Ingleside International Bank,is Evaluating the Service

question 53

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Albert Abbasi,VP of Operations at Ingleside International Bank,is evaluating the service level provided to walk-in customers. Accordingly,he plans a sample of waiting times for walk-in customers. If the population of waiting times has a mean of 15 minutes and a standard deviation of 4 minutes,the probability that Albert's sample of 64 will have a mean less than 14 minutes is ________.


Definitions:

Observable Behaviour

Actions or conduct that can be directly seen or measured, often used in psychological or organizational analysis.

Strategic Objectives

Long-term goals that an organization aims to achieve, which help guide its overall strategy and direction.

Language Metaphors

The use of figurative language to represent ideas, objects, or actions in ways that go beyond their literal meanings, often to clarify concepts or relate complex ideas.

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