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The manager of a computer help desk operation in Moncton has collected enough data to conclude that the time per call is normally distributed with a mean equal to 8.21 minutes and a standard deviation of 2.14 minutes. Based on this, what is the probability that a call will last longer than 13 minutes?
Increasing Rate
A situation where something grows or rises in value at a progressively higher pace over time.
Marginal Cost
The expenditure associated with creating another single unit of a product or service.
Average Variable Cost
The total variable costs of production divided by the quantity of output produced, illustrating the per-unit variable cost.
Total Cost
The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.
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