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Formulate the loss function

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Question: If the specifications are 10 ± 2 mm for a particular quality characteristic and the average repair coot is Rs. 200/-, determine the loss function. Determine the loss at y=11.

Reference no: EM131499198

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Formulate the loss function : If the specifications are 10 ± 2 mm for a particular quality characteristic and the average repair coot is Rs. 200/-, determine the loss function.
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