A Quality Control Supervisor Wishes to Determine Whether the Following

question 84

Multiple Choice

A quality control supervisor wishes to determine whether the following measurements are random: $$\begin{array} { r r r r r r r r } 68.2 & 65 & 66.5 & 65 & 67.5 & 68 & 66 & 64.5 \\65.3 & 64.2 & 67.6 & 66.5 & 66.8 & 68.9 & 67 & 65 \\\\& 65 & 67 & 68 & 71 & 68.5 & 63.6 & 64.7 \\& 71.5 & 70.7 & 66 & 68.5 & 70.5 & 69.5 & 70.1\end{array}$$ For this purpose, the supervisor computes the median of previous observations, and finds it is 67.9.Then she compares each measurement to that median and assigns an "L" to it if it is below the median and a "U" if it is above the median.She determines that the number of Ls and Us are ______ and ______, respectively.

• A)14; 16
• B)17; 13
• C)16; 14
• D)18; 12
• E)12; 18

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Definitions:

Revenue

The total income generated by a business from its normal business activities, such as sales of goods or services, before any expenses are deducted.

Cost

The value of everything that is consumed to produce a good or service, including materials, labor, and other expenses.

Competitive Firm

A business that operates in a market where it must compete with other firms for the same customers or resources.

Profit Maximizing

A strategy or process aimed at achieving the highest possible profit from business operations.