According to the records of an electric company serving the Boston area, the mean electricity consumption for
Question:
a. Find the probability that the monthly electricity consumption during winter by a randomly selected household from this area is less than 1950 kilowatt-hours.
b. What percentage of the households in this area have a monthly electricity consumption of 900 to 1300 kilowatt-hours?
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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