Course Content
Probability Distributions
Probability Distribution – Binomial, Poisson, Normal, and Exponential
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Facility Location and Layout
Site Selection and Analysis, Layout Design and Process
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Quality Management
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Unit VIII: Business Statistics and Operations Management

Step 1: Define the Given Values

  • Mean (μ) = 500 ml

  • Standard deviation (σ) = 5 ml

  • Range: 490 ml to 510 ml

    • Distance from the mean:

      490 = 500 − 10 (which is −2σ)

    • So, this range represents within 2 standard deviations (k = 2).

  • Assuming Normal Distribution
    If the volume follows a normal distribution, we can use the empirical rule (68-95-99.7 rule):

    • Within 2 standard deviations of the mean: ≈95.4% of values fall within this range.