For the travel time distribution given in the previous exercise, the approximate mean and standard deviation for

Question:

For the travel time distribution given in the previous exercise, the approximate mean and standard deviation for the travel time distribution are 27 minutes and 24 minutes, respectively. Based on this mean and standard deviation and the fact that travel time cannot be negative, explain why the travel time distribution could not be well approximated by a normal curve.

Distribution
The 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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