Examlex
The weight of a product is normally distributed with a mean 5 ounces.A randomly selected unit of this product weighs 7.1 ounces.The probability of a unit weighing more than 7.1 ounces is .0014.The production supervisor has lost files containing various pieces of information regarding this process,including the standard deviation.Determine the value of the standard deviation for this process.
Customer Satisfaction
An evaluation of the degree to which a company's products or services exceed or fulfill customer expectations.
Return On Sales
A financial ratio that measures the percentage of profit made from sales after covering operating expenses.
Expectancy Theory
A motivational theory suggesting that an individual's motivation depends on their expectation of the outcome and the value they place on that outcome.
Valence
In psychology, the extent to which a person values the expected outcome of an action; in chemistry, the combining power of an element.
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