The probability distribution for the number of job applications processed at a small employment agency during a

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The probability distribution for the number of job applications processed at a small employment agency during a typical week is given in the file S04_43.xlsx.
a. Assuming that it takes the agency’s administrative assistant two hours to process a submitted job application, on average how many hours in a typical week will the administrative assistant spend processing incoming job applications?
b. Find an interval with the property that the administrative assistant can be approximately 95% sure that the total amount of time he spends each week processing incoming job applications will be in this interval.

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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Data Analysis And Decision Making

ISBN: 415

4th Edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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