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Suppose you are thinking of contracting with Company A to supply a certain component to your manufacturing facility. As part of your quality control regimen, you purchase a small sample and run some tests. Suppose you find the mass of 10 of these components to be 10.1, 12.0, 9.7, 10.0, 9.9, 9.2, 10.1, 11.2, 9.4, and 10.0. What is the population in this scenario? What is the sample? What is population mean, and what is population variance? (you won’t be f
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Suppose you are thinking of contracting with Company A to supply a certain component to your manufac...
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