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A Manufacturing Chain Is a Path That Leads from the Suppliers

question 11

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A manufacturing chain is a path that leads from the suppliers of the materials from which a product is made to the final customer.


Definitions:

Standard Deviation

An indicator of the range or spread of a group of numbers.

Mean

The average of a set of numbers, calculated by adding all values together and dividing by the number of values, a central measure of location in statistics.

Continuous Random Variable

A random variable that can take any value in a continuum or uncountable range.

P(x > a)

The probability that a random variable x will take a value greater than a specified number a.

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