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Gold miners in Alaska have found,on average,12 ounces of gold per 1000 tons of dirt excavated with a standard deviation of 3 ounces.Assume the amount of gold found per 1000 tons of dirt is normally distributed. What is the probability the miners find more than 16 ounces of gold in the next 1000 tons of dirt excavated?
Restrictive Financial Policy
Policies implemented by firms to control their financial risk, often including tight controls over credit terms and dividend payments.
Premium Prices
Premium prices are higher than average prices charged for products or services, often because of perceived superiority in quality or branding.
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