The times required to service customers' cars at a repair shop are skewed to the right with a mean of 2.5 hours and a standard deviation of 0.75 hours. What can be said about the proportion of cars whose service time is either less than one hour or more than four hours?
Applying the Tchebysheff 's Theorem, we can say that at most 25% of the cars take less than one hour or more than four hours to service.
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What price will a finance company pay for a conditional sale contract requiring 15 monthly payments of $180.50 if the company requires a rate of return of 21% compounded semi-annually? The first payment is due one month from now.
Mr. and Mrs. Chudnowski paid $1,050 to fly with their three children from Winnipeg to Regina. Mrs. Ramsey paid $610 for herself and two children on the same flight. What were the airfares per adult and per child?
Based on the exchange rates in the above table, how many more British pounds can you obtain with C$2,000 at the Royal Bank than at the airport kiosk? On any currency exchange transaction, Airport Kiosk applies a C$3.50 service charge. Refer To: 03-02
Michelle's last electric bill listed a previous reading of 17,934 kWh.This month,the electric meter reading is 18,796 kWh.If the electric company charges $0.09 per kWh,what is the charge for usage?