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What is Cold Storage Temperature Analysis about?

This document analyzes the cold storage case using statistical tools in R. It explores the mean temperatures by season and finds they are highest in summer and lowest in winter. The overall mean temperature for the full year is 2.96 degrees Celsius with a standard deviation of 0.51 degrees. Probability calculations show the temperature fell below 2 degrees in 2.9% of cases and above 4 degrees in 2.1% of cases. This means the penalty for the AMC company will be 10% of the annual maintenance cost. Hypothesis

Author

ARNOLD BIJAY Sargunam

Language

EN