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Suppose That a Data Set Has a Minimum Value of 24

question 6

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Suppose that a data set has a minimum value of 24 and a maximum of 79 and that you want 5 classes. Explain how to find the class width for this frequency table. What happens if
you mistakenly use a class width of 11 instead of 12?


Definitions:

Mass Customization

A manufacturing approach that allows for the production of personalized goods at mass production prices by leveraging flexible processes.

Postponement Strategy

A supply chain strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and respond to specific customer demands.

Time-function Mapping

A process analysis tool that visually represents a process's steps over time, helping identify delays, redundancies, and opportunities for improvement.

Flowchart

A drawing used to analyze movement of people or material.

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