True or False: If the cost of producing one unit of product is uniformly distributed with a
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True or False: If the cost of producing one unit of product is uniformly distributed with a mean of \(25 \phi\) and a standard deviation of \(10 \phi\), then the cost of producing 1000 units of product will be distributed uniformly with a mean of \(\$ 250\) and a standard deviation of \(\$ 100\).
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Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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