An NRMA report states that the average age of a car in Australia is 10.5 years. Suppose
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An NRMA report states that the average age of a car in Australia is 10.5 years. Suppose the distribution of ages of cars on Australian roads is approximately bell-shaped. If the standard deviation is 2.4 years, between what two values would 95% of the car ages fall?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For 
Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi
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