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Management Studies

Question: A florist makes deliveries between 1:00 pm and 5:00 pm daily. Assume delivery times follow the continuous uniform distribution.

a. Calculate the mean and variance of this distribution.

b. Determine the percentage of deliveries that are made after 4:00 pm.

c. Determine the percentage of deliveries that are made prior to 2:30 pm.

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Management Theories, Management Studies

Category:- Management Theories
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