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The retail price of a medium-sized box of a well-known brand of cornflakes rangesfrom 16 to 78. Assume these prices are uniformly distributed. What are

The retail price of a medium-sized box of a well-known brand of cornflakes rangesfrom 16 to 78. Assume these prices are uniformly distributed. What are the

average price and standard deviation of prices in this distribution? If a price israndomly selected from this list, what is the probability that it will be between 38 and 50

P(38x50)=

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