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The mean travel time to work is 25.2 minutes (U.S.Census 2010) .Further,suppose that commute time follows a log-normal distribution with a standard deviation of 10 minutes. What is the probability a randomly selected U.S.worker has a commute time of less than 20 minutes?
CDs
Short for Compact Discs, a digital optical disc data storage format used to store music, data, or software.
Federally Insured
Protection or guarantee by the federal government for deposits in banks or investments, safeguarding against loss.
Secured Bonds
Secured Bonds are debt securities backed by collateral to reduce the risk associated with lending, enhancing the bondholder’s security.
Bondholders
Individuals or entities that hold debt securities issued by corporations or governments, entitling them to interest payments and the principal investment return at maturity.
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