Exhibit 22-2 A Simple Random Sample of 43 Elements Has Been Selected

question 10

Multiple Choice

Exhibit 22-2
A simple random sample of 43 elements has been selected from a population of size 800. The sample mean is 500, and the sample standard deviation is 60.
-Refer to Exhibit 22-2. The population total is

• A)34,400
• B)21,500
• C)400,000
• D)500,000

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Definitions:

Customer Orders

Requests or instructions from customers to purchase goods or services.

Customer Arrival Process

Describes the pattern or rate at which customers approach or enter a service system, impacting demand and service management.

Production Scheduling

The process of planning and organizing the production process, specifying what will be produced, in what quantities, and when.

Manufacturing Cycle

The complete set of processes involved in producing goods, from raw materials through to the finished product.