A company sells pumpkin seeds. They advertise that they will offer you 100 pounds of free topsoil if it takes their pumpkins more than a certain number of days to grow to maturity. They wish to only have to give away free topsoil AT MOST 2% of the time, and the number of days it takes their seeds to grow to maturity follows a normal distribution with a mean of 106 days and a standard deviation of 5 days. They wish to advertise a number in whole days. What number of days will they advertise?
A company sells pumpkin seeds. They advertise that they will offer you 100 pounds of free topsoil if it takes their pumpkins more than a certain number of days to grow to maturity. They wish to only have to give away free topsoil AT MOST 2% of the time, and the number of days it takes their seeds to grow to maturity follows a normal distribution with a mean of 106 days and a standard deviation of 5 days. They wish to advertise a number in whole days. What number of days will they advertise?
A company sells pumpkin seeds. They advertise that they will offer you 100 pounds of free topsoil if it takes their pumpkins more than a certain number of days to grow to maturity. They wish to only have to give away free topsoil AT MOST 2% of the time, and the number of days it takes their seeds to grow to maturity follows a normal distribution with a mean of 106 days and a standard deviation of 5 days. They wish to advertise a number in whole days. What number of days will they advertise?
A company sells pumpkin seeds. They advertise that they will offer you 100 pounds of free topsoil if it takes their pumpkins more than a certain number of days to grow to maturity. They wish to only have to give away free topsoil AT MOST 2% of the time, and the number of days it takes their seeds to grow to maturity follows a normal distribution with a mean of 106 days and a standard deviation of 5 days. They wish to advertise a number in whole days. What number of days will they advertise? CARRY ALL DECIMALS IN YOUR WORK BUT REPORT YOUR FINAL ANSWER AS A WHOLE NUMBER WITH NO DECIMALS. HINT: You must round up to ensure that the company requirement that free topsoil is given away no more than 2% of the time is met.
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Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
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