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Mathematics, 21.01.2021 22:20 TrueKing184

Upon studying low bids for shipping contracts, a microcomputer manufacturing company finds that intrastate contracts have low bids that are uniformly distributed between 22 and 29, in units of thousands of dollars. (a) Find the probability that the low bid on the next intrastate shipping contract is below $25,000. (Round your answer to four decimal places.)

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