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You are attempting to purchase a part from a specialty vendor. Your company requires a Cp of at least 1.67 on a critical dimension of the part. The dimensional specification for this part is 12.5 ± .25 mm. What is the maximum process variability the vendor can allow in this dimension and meet your requirements?
A new weight-watching company, Weight Reducers International, advertises that those who join will lose, on the average, 10 pounds the first two weeks with a standard deviation of 2
.what job can you after offering that course
How to a calculate the combined standard deviation for five groups (samples)?
Linear Programming
Consider three stocks A, B and C costing $100 each. The annual returns on the three stocks have mean $5 and variance $10. a. Suppose that the returns on the three stocks are i.i
Admissibility A very common concept which is applicable to any procedure of the statistical inference. The underlying notion is that the procedure/method is admissible if and o
method of least square
Uses Arithmetic mean is widely used because of the following reasons: Mean is the simplest average to understand and easy to compute. It
Examine properties of good average with reference to AM, GM, HM, MEAN MEDIAN MODE
Discriminant analysis (DA) helps to determine which variables discriminate between two or more naturally occurring groups. Mathematically equivalent to MANOVA, it ' is extensively
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