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Suppose that the probability that a person will remember between 100a% and 100b% of material learned in an experiment is where x represents the proportion remembered. Determine from the figure below, the probability that a randomly chosen individual will recall between 50% and 75% of the material? Express your answer as a percent rounded to three decimal places.
National Output
The total value of all goods and services produced within a country's borders in a given time period.
Stagflation
A period of slow economic growth combined with high unemployment and rising prices (inflation).
Minor Recessions
Brief periods of economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in successive quarters.
Full Employment
Full employment is a situation in an economy where all available labor resources are being used in the most efficient way possible, typically when the unemployment rate is low.
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