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Please have a look at this scenario...
Let's consider,i have contact object and mobile_number field in that object.When ever record is created in contact mobile_number field should be updated with in three days?if not mail shoud be sent to some body.how can we achieve this?
Rule criteria - may use last modified date / createddate
use formula field to know the mobile field is updated or not and execute email notification.
Once this rule is activated, the email alert will be sent three days after a record is created, if the mobile_number field is blank.