The normal variance for filling a liter Coke bottle is 0.5ounces. In a recent measurement, variance was found to be 0.8ounces. Should Coca-Cola\'s management be concerned? Discuss why orwhy not. In replies to peers, provide an example to support yourposition.

Answer rating: 100% (QA)

To determine whether CocaColas management should be concerned about the increase in variance we need to understand the concept of variance and its implications Variance measures the dispersion or vari... View the full answer