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A loaf of bread is normally distributed with a mean of 22 ounces and a standard deviation of ½ ounces. (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 0.4772.
(iii) The probability that a loaf of bread is < 24 ounces is 1.0.
Cash Transfers
Direct payments given to individuals or households, typically by the government, to reduce poverty or provide social assistance.
Direct Aid
Financial or material support provided directly to individuals, organizations, or countries in need, often aimed at alleviating poverty or addressing emergencies.
World Bank
An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects.
Economic Growth
An increase in the production of economic goods and services, compared from one period of time to another.
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