Question: There are four estimates made for the anticipated cycle time to produce a subcomponent. The estimates, in seconds, are 10, 20, 30, and 63. If
There are four estimates made for the anticipated cycle time to produce a subcomponent. The estimates, in seconds, are 10, 20, 30, and 63. If the first two estimates have equal weights, which total 80%, and the last two are weighted equally with the remaining 20%, what is the expected time?
The expected time is seconds.
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