Refer to Exercise 4. Assume that the cost of repairing an assembly whose clearance is too little
Question:
Refer to Exercise 4. Assume that the cost of repairing an assembly whose clearance is too little is $2, and the cost of repairing an assembly whose clearance is too much is $3.
a. Express the total cost of repairs in terms of X and Y.
b. Find the mean of the total cost of repairs.
c. Find the standard deviation of the total cost of repairs.
Refer to Exercise 4.
Transcribed Image Text:
y 1 2 0.15 0.12 0.11 0.10 1 0.09 0.07 0.05 0.04 2 0.06 0.05 0.04 0.02 3 0.04 0.03 0.02 0.01 3.
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