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In Melanie's Styling Salon, the Time to Complete a Simple

question 52

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In Melanie's Styling Salon, the time to complete a simple haircut is normally distributed with a mean of 25 minutes and a standard deviation of 4 minutes. For a simple haircut, the middle 90 percent of the customers will require:

Recognize the importance of culture in shaping technologies and innovative practices.
Examine the factors that influence conformity and non-conformity within groups.
Identify and explain significant domestic policies and cultural shifts in the United States during the latter half of the 20th century.
Understand and describe the global context of American foreign policy decisions in the post-World War II era.

Definitions:

Rate of Return

The rate of return is a measure of the profitability of an investment, calculated as the percentage of the total amount of returned income to the amount of the investment’s initial cost.

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.

Future Value

The future financial worth of an asset or cash that equates to a designated current sum.

Cash Flows

The whole summation of cash transfers affecting a business's in and outflows, prominently affecting its quick access to funds.

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