Upon studying low bids for shipping contracts a, Basic Statistics

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Upon studying low bids for shipping contracts a

Upon studying low bids for shipping contracts, a microcomputer manufacturing company finds that intrastate contracts have low bids that are uniformly distributed between 20 and 25, in units of thousands of dollars. Find the probability that the low bid on the next intrastate shipping contract

a is below $22,000.

b is in excess of $24,000.

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Basic Statistics: Upon studying low bids for shipping contracts a

Reference No:- TGS01371632

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Basic Statistics: Upon studying low bids for shipping contracts a

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