A Company Is Preparing a Bid on a Government Contract

question 59

Multiple Choice

A company is preparing a bid on a government contract for 40 units of a certain product.The operations manager estimates the assembly time required for the first two units to be 10.4 hours and 8.8 hours,respectively.What is the average time per unit for the 40 units?

• A)4.7 hours
• B)6.9 hours
• C)5.6 hours
• D)4.5 hours
• E)3.6 hours

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Definitions:

Scores

The numerical expressions of the results, achievements, or performance of individuals, often used in the context of exams, tests, or competitions.

Range

The difference between the highest and lowest values in a dataset, providing a measure of spread or dispersion.

Descriptive Data

Statistical calculations and summaries that describe the main features of a dataset, often through measures of central tendency and variability.

Variability

Refers to the extent to which data points in a dataset differ from each other and from the mean.