How does this affect the mean weight of the packages

Assignment Help Econometrics

Reference no: EM131162791

1. Refer to Exercise 1. The vendor begins using heavier packaging, which increases the weight of each pack- age by 50 g.

a. How does this affect the mean weight of the packages?

b. How does this affect the standard deviation of the weights?

2. True or false: For any list of numbers, half of them will be below the mean.

3. Is the sample mean always the most frequently occur- ring value? If so, explain why. If not, give an example.

4. Is the sample mean always equal to one of the values in the sample? If so, explain why. If not, give an example.

Reference no: EM131162791

Questions Cloud

Calculate the optimal staffing pattern : Assuming that both service rates approximate Poisson distribution, calculate the optimal staffing pattern for the clinic and the system performance measures.

Write a linear program to achieve our objective : Write a linear program to achieve our objective. Cast the model above as a network problem. Draw the associated network and give an interpretation in terms of flow in networks.

Describe the social factors that contribute to the problem : Identify and describe the social factors that contribute to the problem. Identify and examine a federal or state social welfare policy that aims to address this social problem.

Determine the service utilization : Simulate the process for the first twenty persons arriving for flu shots.- Determine the average time in queue.- Determine the service utilization.

How does this affect the mean weight of the packages : Is the sample mean always equal to one of the values in the sample? If so, explain why. If not, give an example.

Determine the minimum-cost exploration scheme : As the leader of an oil-exploration drilling venture, you must determine the least-cost selection of 5 out of 10 possible sites. Formulate an integer program to determine the minimum-cost exploration scheme that satisfies these restrictions.

Determine the average time in queue : Simulate the pediatric practice for twenty - five patients. - Determine the average time in queue. - Determine the service utilization.

Difference between a male and female manager and/or leader : Using the four characteristics you chose, evaluate how one gender may possess the four characteristics to a greater or lesser degree. Based on this evaluation, does gender impact whether or not an individual is a good manager or leader? Explain wh..

Formulate an integer program that will provide the company : Formulate an integer program that will provide the company with the minimum amount it must spend to meet the requirements of the program.

User Account

All Pages