Question

The production manager for a manufacturer of glass jars, who is concerned
about the proper jar size to manufacture, has sample data on jar sizes ordered by customers. Would the mean, median, or modal jar size be of most value to the manager?

Answer 1

The manager has to consider which will give the company the most value. In such a case he or she will be looking at where the majority of the orders lie. The majority orders will make the most business sense for the company. Therefore, what will be considered most is the modal value, that is which is in most demand. These are the ones that will be manufactured.