A chicken farm produces ideally 700,000 eggs per day. But this total can vary by as many as 60,000 eggs. What is the maximum and minimum expected production at the farm?
Calculate the maximum expected production:
Maximum expected production = Average + variance
Maximum expected production = 700,000 + 60,000
Maximum expected production = 760,000
Calculate the minimum expected production:
Minimum expected production = Average - variance
Minimum expected production = 700,000 - 60,000
Minimum expected production = 640,000
Calculate the maximum expected production:
Maximum expected production = Average + variance
Maximum expected production = 700,000 + 60,000
Maximum expected production = 760,000
Calculate the minimum expected production:
Minimum expected production = Average - variance
Minimum expected production = 700,000 - 60,000
Minimum expected production = 640,000