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Author Question: Model development should be left to quantitative analysts; the model user's involvement should begin ... (Read 232 times)

nummyann

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on: Jun 24, 2018
Model development should be left to quantitative analysts; the model user's involvement should begin at the implementation stage.
  Indicate whether the statement is true or false

Question 2

The Globe Fishery packs shrimp that weigh more than 1.91 ounces each in packages marked large and shrimp that weigh less than 0.47 ounce each into packages marked small; the remainder are packed in medium size packages. If a day's catch showed that 19.77 of the shrimp were large and 6.06 were small, determine the mean and standard deviation for the shrimp weights. Assume that the shrimps' weights are normally distributed.


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blakcmamba

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Reply #1 on: Jun 24, 2018
Answer to Question 1

F

Answer to Question 2

mean = 1.4; standard deviation = 0.6


nummyann

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

tranoy

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Reply 3 on: Yesterday
:D TYSM

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