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A machine used to fill cereal boxes dispenses, on the average, μ ounces per box. The manufacturer wants the actual ounces dispensed Y to be within 1 ounce of μ at least 75% of the time. What is the largest value of σ, the standard deviation of Y , that can be tolerated if the manufacturer's objectives are to be met?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91750174

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