Mathematical analysis of the normal distribution curve, Operation Management

Assignment Help:

Mathematical Analysis of the Normal Distribution Curve

Mathematical analysis of the normal distribution curve has produced data tables which provide population statistics in relation to multiples of the standard deviation. For example, 68.3 per cent of the population lies within ±1 standard deviation of the mean; 95.4 per cent lies within ±2 standard deviations, and 99.7 per cent lies within ±3 standard deviations (as shown in this figure). As will be seen later, SPC charts use multiples of ±1.96σ and ±3.09σ to set the control chart limits.

2081_Mathematical Analysis of the Normal Distribution Curve.png


Related Discussions:- Mathematical analysis of the normal distribution curve

Tobacco Auction Floor, How best can you increase efficiency of a tobacco au...

How best can you increase efficiency of a tobacco auction floor

What is an e-r diagram, Conceptual Modeling looks at how the data is struct...

Conceptual Modeling looks at how the data is structured and what the characteristics of the data are. What characteristics of data are represented in an E-R diagram?

Explain mbo to improve the innovation process at gsli, Do you believe that ...

Do you believe that MBO is appropriate for an organization where the primary output is innovation? If not why not? If so, how would you apply MBO to improve the innovation process

Explain ocean spray brand products is an example of a, The stylized blue an...

The stylized blue and white waves in an oval shape that appear on every package of Ocean Spray brand products is an example of a copyright trade name service mark brand

The soccer world cup is promoted, The Soccer World Cup is promoted aggressi...

The Soccer World Cup is promoted aggressively to both companies and fans. This is an example of marketing a(n) a. Event b. Idea c. Service d. Plac

Explain limitations of budgets, Explain limitations of budgets. Limita...

Explain limitations of budgets. Limitations of Budgets : (i) Since budget is based on calculates approximately, that is, estimated sales, estimated business conditions and

Business management, Six Operators are to be assigned to five jobs with the...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given 10 marks in the matrix below. Determine the optimal assignment. Which operator will have no a

Value of a Loyal Customer (VLC), A manufacturer of business copier workstat...

A manufacturer of business copier workstations has a 75 percent customer retention rate. Their accounting department estimates the incremental contribution to profit and overhead

What are the ways in which corporations can demonstrate, What are three way...

What are three ways in which corporations can demonstrate a sense of social responsibility?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd