Author Question: Based on previous stoppage records, the manager figures that the probability that production line 1 ... (Read 119 times)

bobypop · **on:** Jun 24, 2018

Based on previous stoppage records, the manager figures that the probability that production line 1 is stopped next is 25. This is an example of:

A) subjective probability.
B) classical probability.
C) relative frequency probability.
D) Bayesian probability.

Question 2

Which of the following represents a disadvantage of using the sample range to measure spread or dispersion?

A) It produces spreads that are too large.
B) The sample range is not measured in the same units as the data.
C) The largest or smallest observation (or both) may be an outlier.
D) None of the above is correct.