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Statistical Aspects of Variability
Consider a pharmaceutical process producing paracetamol tablets, for which the weight of the active ingredient (nominally 500 mg per tablet) is one of the variables to be controlled. Suppose that the process is stable and the ingredient weights of 200 tablets are measured to the nearest gram and grouped in suitable classes of 5mg
width, giving the results shown in this table.
These results are now presented as a histogram. Notice that the dashed lines which join the mid-points of the classes form a profile which is roughly bell-shaped.
What is the present value of the following annuities? a. $2,500 a year for 10 years discounted back to the present at 7% b. $70 a year for 3 years discounted back to the pres
what do you understand by line balancing
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A manager is trying to decide whether to build a small medium, or large facility. Demand can be low, average, or high, with the estimated probabilities being 0.25, 0.40, and 0.35,
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The probability Mary will receive an A in a class is 0.51. Assuming independence, if she is taking 5 classes this semester, calculate the probability she will receive exactly 3 A's
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