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If the Quantity ΣX = 400

question 4

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If the quantity ΣX = 400.3 for N observations, then the quantity ΣX will equal 40.03 if each of the original observations is multiplied by 0.1.


Definitions:

Quantity Variances

Differences between the expected and actual quantities of materials or products used or produced, influencing cost and efficiency.

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