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Assume there are five jobs (i.e., A, B, C, D, and E) that need to be sequenced in a production schedule.The remaining operating time necessary for completion of job A is 4 days (i.e., job A will take 4 more days to complete) , B will take 7 days, C will take 8 days, D will take 2 days, and E will take 5 days.Which job should be scheduled first if you use the SOT priority rule for job sequencing?
Mean Difference
The average of differences between pairs of observations in a dataset.
Standard Deviation
A statistic that measures the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.
Paired T-test
A statistical test used to compare the means of two related groups to determine if there is a significant difference between them.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true; a measure of the risk of a Type I error.
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