Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

l______|_|We have learned that in a unimodal symmetric distribution, about 68% of the values fall within one standard deviation of the mean, and about 95%

image text in transcribed
l______|_|We have learned that in a unimodal symmetric distribution, about 68% of the values fall within one standard deviation of the mean, and about 95% fall within two standard deviations of the mean. How does that apply to the manufacturing of aircraft or cars? Can you think of examples where a company would use information based on income, height, weight, age, or other demographics to produce products? Select an industry, company, or product that you think uses (or should use) the normal distribution to aid in the design or marketing of a product. Do some research on the industry, company, or product if needed. Identify the industry, company, or product you selected, and then discuss the following in your initial response. 0 Would using the normal distribution would be advantageous for the company? Why or why not? 0 What are some ethical ramifications of designing products using information based on the normal distribution? Tip: Copy and paste the questions into your initial post. ' Your initial response should three to four paragraphs in length. Use current APA formatting to cite your sources

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic Management

Authors: Frank Rothaermel

6th Edition

1265951500, 9781265951504

Students also viewed these Mathematics questions