The fill size for a small bag of peanuts distributed by a popular airline is 50 grams. The producer wishes to set up a set of control charts for this process and collects the data shown in the table

What are the upper and lower control limits of their X-bar chart?

Sample Item #1 Item #2 Item #3 Item #4 Sum
1 54.5 54.3 53.8 50.4 213.0
2 50.6 53.5 53.2 54.9 212.3
3 51.1 54.3 50.4 50.7 206.6
4 52.7 52.1 51.3 51.0 207.2
5 51.7 51.2 54.7 54.3 211.8
6 51.1 51.5 54.7 50.4 207.7
7 54.0 52.3 54.7 51.4 212.4
8 53.2 50.4 53.4 51.4 208.4
9 51.9 50.2 50.2 52.9 205.1

A) 54.84, 49.85
B) 54.41, 50.32
C) 53.87, 50.78
D) 53.51, 51.18

Answer: A

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Which of the following statements reflects the nature of the global economy of the twenty-first century?

A. National economies are becoming less integrated into a single and interdependent economic system. B. The number of nations joining the ranks of the developed world has reduced. C. Countries have extensively adopted liberal economic policies. D. There are fewer instances of state-owned businesses privatized and markets being opened to more competition. E. The world is currently moving toward an economic system that is more unfavorable for international business.

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The mean and standard deviation for discrete probability distributions are useful when comparing two different distributions

Indicate whether the statement is true or false

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