A paralegal sampled 52 divorce cases and found the average length of settlement to be 15.6 months with a σn-1 = 7.7 months.
What percentage of the time will another sample of 52 cases have a settlement time of more than 1.5 years ( 18 months)?
What percentage of the time will the average settlement time be less than 14 months?
What percentage of the time will the verge settlement time be within + 2 months of the average time?
What is the chance the settlement average time could be less than 1 year?
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