that packages and sells 1 ounce jars of caviar (at the following quality control
ID: 3375566 • Letter: T
Question
that packages and sells 1 ounce jars of caviar (at the following quality control report on the weights from a has just received Weight Class Relative (Upper Limit) Frequency of Caviar In ounces 1.15 1.17 0.07 0.23 0.10 1.05 1.15 0.27 0.20 0.29 0.98 1.27 32.66 1.25 0.13 1.3 a Using all of the descriptive happening in the packaging process. statistics provided in the Excel out put above, describe what is (15 points) with management as a result of b. From a business your analysis? (5 points) perspective, what concerns would you raiseExplanation / Answer
A)
The mean weight from a sample of 30 is 1.13 ounces with a standard deviation of 0.09 units. The high value of standard deviation in comparison indicates that the mean is not reliable.
The median weight is equal to 1.15 ounces. the minimum and maximum value of weight in a sample of 30 packages are 0.98 and 1.27 ounces.
From the value of skewness, I can say that the distribution of weight is slightly negatively skewed.
B)
The best measure of the Central tendency for a skewed data is median. The median wait for a sample of 35 kgs is 1.15 ounces. Since the distribution is negatively skewed I can say that there are very few package with low value of weights.
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