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May 29th, 2013
Price: $10 USD

Question description

An oil change shop advertised to change oil within 15 minutes. Based on the data collected on a typical day, what is the probability that oil change will take 15 minutes or less time? Based on the data, do you think the business claim is valid? Explain why or why not.

Class Interval


6 to 10 minutes


11 to 15 minutes


16 to 20 minutes


21 to 25 minutes


More than 25 Minutes



What are some conditions under which business decisions are made using subjective probability concepts? Provide at least two examples of subjective probability.

Tutor Answer

(Top Tutor) Daniel C.
School: Boston College

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Review from our student for this Answer

May 31st, 2013
"excellent work as always thanks for the help"
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