Determine factors that should be evaluated

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Q. The bore diameter of eight randomly selected bearings is shown below (in mm): 50.001, 50.002, 49.998, 50.006, 50.005, 49.996, 50.003, and 50.004.

a. Compute the sample average
b. Compute the sample standard deviation

Q. Determine factors that should be evaluated when creating competitive strategy of a business. Indicate significance of each with supporting details.

Reference no: EM1375140

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