The Number of Defects Observed in a Sample Is an Example

question 59

True/False

The number of defects observed in a sample is an example of a continuous random variable.

---

Definitions:

Predetermined Overhead Rates

Estimated rates used to allocate overhead costs to products or activities, based on selected bases like labor hours or machine hours.

Machine-Hours

A unit measure representing the operating time of machinery, used in calculating production costs and allocating expenses based on machine usage.

Molding

The process of shaping a material by introducing it into a rigid frame called a mold.

Customizing

The process of modifying products or services to meet specific customer demands or preferences.