Mathematics, 18.03.2021 01:50, yupthatsme2121
The time it takes for a ferry to reach a summer resort from the mainland is Normally distributed with mean 2 hours and standard deviation 12 minutes. The advertised duration of the trip is 2 hours and 15 minutes. The company operating the ferry would like to increase its operational efficiency by reducing the standard deviation so that they are on time 95% of the time. How much do they have to reduce the standard deviation
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The time it takes for a ferry to reach a summer resort from the mainland is Normally distributed wit...
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