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What are mean and standard deviation of uniform distribution

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Reference no: EM132501038

Question: Based on historical data, sales for a particular cosmetic line follow a continuous uniform distribution with a lower limit of $2,500 and an upper limit of $5,000.

A. What are the mean and standard deviation of this uniform distribution?

B. What is the probability that sales exceed $4,000?

Reference no: EM132501038

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