Consider the following "population": {2, 2, 4, 5}. Suppose that a random sample of size n = 2 is to be selected without replacement from this population. There are 6 possible samples (since the order of selection does not matter). Compute the sample mean for each of these samples and use that information to construct the sampling distribution of 
. (Display it in table form.)
Definitions:
Applied Factory Overhead
The allocation of estimated overhead costs to individual units of production based on a predetermined rate.
Continuous Process
A manufacturing process where raw materials are continuously fed into the production system, and products are continuously outputted.
Work In Process
An accounting category representing partially completed goods awaiting completion and sale.
Cost Of Production Report
A cost of production report details the total cost and production quantity within a manufacturing department, helping in tracking and controlling production expenses.
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