SOLUTION: A company advertises an average of 42,000 miles for one of its new tires. In the manufacturing process there is some variation around that average. Would the company want a process

Question 248597: A company advertises an average of 42,000 miles for one of its new tires. In the manufacturing process there is some variation around that average. Would the company want a process that provides a large or a small variance? Justify your answer.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A company advertises an average of 42,000 miles for one of its new tires. In the manufacturing process there is some variation around that average. Would the company want a process that provides a large or a small variance? Justify your answer.
-----
The smaller the better.
Variance is a measure of deviation from some norm.
The company should want its manufacturing process
to meet its standards.
Cheers,
Stan H.
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