A magnetic strip holds far more data than a microchip

Distributors add value to a supply chain between a supply stage and a customer stage if there are many small players at the customer stage, each requiring a small amount of the product at a time

Indicate whether the statement is true or false.

Watersports Rental at Flathead Lake rents jet skis and power boats for day use. Each piece of equipment has a clock that records the time that it was actually in use while rented

The company has observed over time that the distribution of time used is normally distributed with a mean of 3.6 hours and a standard deviation equal to 1.2 hours. Watersports management has decided to give a rebate to customers who use the equipment for less than 2.0 hours. Based on this information, the probability that a customer will get the rebate is 0.4082. Indicate whether the statement is true or false