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Your firm manufacturers bolts for use in tractors. Your firm guarantees that the length of the bolts is at least 4.85 inches long. What percentage

Your firm manufacturers bolts for use in tractors. Your firm guarantees that the length of the bolts is at least 4.85 inches long. What percentage of the time will your firm have to pay off on this guarantee because the length of the bolts is smaller than 4.85 inches?

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