Answer: The statement given tells us that the Acme Company manufactures widgets and that the distribution of widget weights is bell-shaped. A bell-shaped distribution is also known as a normal distribution or a Gaussian distribution. This means that the majority of the data will cluster around the mean (average) value and the farther the data is from the mean, the less common it is.
The mean weight of the widgets is given as 51 ounces, which is the average weight of all the widgets manufactured by the company. The standard deviation is given as 10 ounces, which is a measure of how spread out the data is from the mean. A smaller standard deviation means that the data is more tightly clustered around the mean, while a larger standard deviation means that the data is more spread out.
This information allows us to make some predictions about the weights of the widgets. For example, we know that approximately 68% of the widgets will weigh between 41 ounces (mean - standard deviation) and 61 ounces (mean + standard deviation). Additionally, we know that approximately 95% of the widgets will weigh between 31 ounces (mean - 2standard deviation) and 71 ounces (mean + 2standard deviation) and 99.7% of the widgets will weigh between 21 ounces (mean - 3standard deviation) and 81 ounces (mean + 3standard deviation).
It is important to note that these predictions are based on the assumption that the distribution of widget weights is indeed bell-shaped. If that assumption is not true, these predictions may not be accurate.
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