Examlex
A loaf of bread is normally distributed with a mean of 22 ounces and a standard deviation of ½ ounce. (i) The probability that a loaf of bread is < 20 ounces is 0.0.
(ii. The probability that a loaf of bread is > 21 ounces is 0.9772.
(iii) The probability that a loaf of bread is < 24 ounces is 1.0.
Canals and Steamboats
Key components of the early industrial transportation network, where canals allowed for the movement of goods through waterways and steamboats provided powerful and reliable river transportation.
Erie Canal
A canal in New York, completed in 1825, connecting the Hudson River at Albany to Lake Erie at Buffalo, significantly contributing to the development and expansion of the United States by improving transportation.
Competing Ports
Refers to the rivalry between different ports to attract shipping and trade, often influencing economic development, trade routes, and geopolitical strategies.
Trade
The action of buying and selling goods and services between entities or countries.
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