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Weston,Inc.,produces widgets.To manufacture a new type of widget,it took 12 iterations before the process reached a steady state of 30 hours.If Weston has an 84% learning rate,use the logarithmic approach to calculate the time it took to manufacture the first widget.
Standard Deviation
A measure of the dispersion or spread in a set of values, indicating how much variation there is from the average (mean).
Mound-Shaped
Refers to a graphical representation of data characterized by a symmetric, bell-shaped curve typical of a normal distribution.
25th Percentile
Refers to the value below which 25% of the data in a data set is found.
Ascending Order
Arranging data points or numbers from the smallest to the largest.
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