Standard deviations, σ, is generally preferred over range. Reason being, it is calculated from all the data and when there is outliers it will not be impacted as much as the range. It is great to not also that, The IQR is preferred to the standard deviation when the distribution is very highly skewed or when there are severe outliers, because the IQR is less sensitive to this features than standard deviation.
To solve for y, you want to have all unknowns on one side and knowns on the other. to do this, we can divide both sides by 0.6 so that the knows are on the second side and y on the other. then, we can simplify to solve for y
Answer:
option D
Step-by-step explanation:
Answer:16.5
Step-by-step explanation:
Answer:
The equation for total cost function is
C(x)=100+270x
Step-by-step explanation:
Variable cost per per board =total cost per day-fixed cost per day/daily output
total cost per day is $5,500
fixed cost per day is $100
20 boards are produced per day
variable cost per board=($5,500-$100)/20=$270 per day
Total cost C(x)=fixed cost per day+ variable per board*number of daily output
Since daily output is represented also by x ,total cost function is given thus:
C(x)=100+270x