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Mathematics, 02.06.2021 17:00 goldenblobslime

8. Suppose the average price of electricity for a New England customer follows the continuous uniform distribution with a lower bound of 12 cents per kilowatt-hour and an upper bound of 20 cents per kilowatt-hour. a. Calculate the average price of electricity for a New England customer. b. What is the probability that a New England customer pays less than 15.5 cents per kilowatt-hour

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