a. Determine the mean production of fiberglass boats.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:A sample of the daily production (in tons) of fiberglass boats from RSRM, Ltd., a Chittagong manufacturer is as follows:
170
215
18
270
290
224
172
173
a. Determine the mean production of fiberglass boats.
Answer in exact fraction, or rounded to at least 4 decimal places
b. Determine the variance in the production of fiberglass boats.
Answer in exact fraction, or rounded to at least 4 decimal places
c. Analyzing production of KPRM Ltd. for 10 days, you found their mean daily production
to be 255.34 tons with standard deviation of 75.89 tons. Which manufacturer had more
variation in the daily production?
RSRM Ltd.
KPRM Ltd.
Equal variation
Can not be calculated
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