Question: Uniform Distributions ( 1 0 points ) [ Handwritten Fine ] Your firm is on a tight deadline and needs 4 0 0 components for
Uniform Distributions pointsHandwritten Fine
Your firm is on a tight deadline and needs components for a new solar farm set to begin construction this week, but your regular supplier lost your order! To make it up to you, their sales rep agrees to sell you every part they produce on the assembly line for up to week. The assembly line takes between to minutes to produce each component, and runs constantly, according to a uniform distribution eg dunifx min, max However, your contract requires you to start construction within days!
Please investigate the following:
points Calculate the mean time to production mu in days for components. Calculate also the standard deviation in production time sigma for components.
points On average, how many components can you expect to get within days mu How much do you expect that number to vary, on average?
Note : By vary on average, we mean Lower and Upper bounds for Standard Deviation from Mean.
Note : We will accept lower and upper or sigma from visual hint below.
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