We have learned that in a unimodal symmetric distribution, about 68% of the values fall within one standard deviation of the mean, and about 95% fall within two standard deviations of the mean. How does that apply to the manufacturing of aircraft or cars? Can you think of examples where a company would use information based on income, height, weight, age, or other demographics to produce products?
Select & Respond
Select an industry, company, or product that you think uses (or should use) the normal distribution to aid in the design or marketing of a product. Do some research on the industry, company, or product if needed.
Identify the industry, company, or product you selected, and then discuss the following in your initial response.
- Would using the normal distribution would be advantageous for the company? Why or why not?
- What are some ethical ramifications of designing products using information based on the normal distribution?