Problem 1 [4 pts]: The maintenance cost of machines are uniformly distributed from 0 to 160 (dollars). If a random sample of 75
machines is taken from a factory, (a). find the mean aggregate (total) maintenance cost for a sample of 75 machines.
1 answer:
Answer:
$6,000
Step-by-step explanation:
The mean value of a sample is assumed to be the same as the mean of the population. The mean of a uniformly distributed variable between 0 and 160 is:
If the mean cost for each machine is $80, the mean aggregate cost for a sample of 75 machines is:
The mean aggregate maintenance cost is $6,000.
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over 9000 becuz it is over 9000