THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 136

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a time study,conducted at a manufacturing plant,the length of time to complete a specified operation is measured for each on n = 40 workers.The mean and standard deviation are found to be 15.2 and 1.40,respectively.
-Describe the sample data using the Empirical Rule.

---

Definitions:

Instrument For Value

A legal document that represents or embodies a certain value and can be exchanged or used in financial transactions, such as checks, bonds, or certificates of deposit.

Conditions

Stipulations or requirements specified within an agreement or contract that must be met for it to be fully effective.

Holder

An individual or entity that legally possesses a negotiable instrument, like a check or promissory note, and has the right to enforce it.

FTC

The Federal Trade Commission, a U.S. federal agency responsible for consumer protection and the prevention of anti-competitive business practices.