A specialty food company sells whole King Salmon to various customers. The mean weight of these salmon

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A specialty food company sells whole King Salmon to various customers. The mean weight of these salmon is 35 pounds with a standard deviation of 2 pounds. The company ships them to restaurants in boxes of 4 salmon, to grocery stores in cartons of 16 salmon, and to discount outlet stores in pallets of 100 salmon. To forecast costs, the shipping department needs to estimate the standard deviation of the mean weight of the salmon in each type of shipment
a) Find the standard deviations of the mean weight of the salmon in each type of shipment.
b) The distribution of the salmon weights turns out to be skewed to the high end. Would the distribution of shipping weights be better characterized by a Normal model for the boxes or pallets? Explain.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Stats Data and Models

ISBN: 978-0321986498

4th edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

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