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000014652 037__ $$a345-2016-15230
000014652 037__ $$a345-2016-15558
000014652 041__ $$aen
000014652 245__ $$aTHE EFFECT OF ROUNDING ON THE PROBABILITY DISTRIBUTION OF REGRADING IN THE U.S. PEANUT INDUSTRY
000014652 260__ $$c2002
000014652 269__ $$a2002
000014652 300__ $$a14
000014652 336__ $$aJournal Article
000014652 446__ $$aEnglish
000014652 520__ $$aThis article determines the effect of rounding (pointing-off) of grade percentages to the nearest whole number on the probability distribution of regrading in the peanut industry. Results show that rounding causes graders to have to regrade an extra 4% of samples even when they follow all directions and make no mistakes.  When rounding was not used, the sample weight had little effect on the probability of regrading. With rounding, the probability of regrading was reduced by beginning with a larger than 500-gram sample. Thus, rounding provides an incentive to take overweight samples in order to avoid regrading. Overweight samples can overestimate the value of peanuts. A low-cost way to improve peanut grading accuracy would be to round to tenths rather than whole numbers.
000014652 650__ $$aCrop Production/Industries
000014652 6531_ $$agrading
000014652 6531_ $$anormal-jump distribution
000014652 6531_ $$apeanuts
000014652 6531_ $$aregrading
000014652 6531_ $$arounding
000014652 700__ $$aDiaz, Edgar F. Pebe
000014652 700__ $$aBrorsen, B. Wade
000014652 700__ $$aAnderson, Kim B.
000014652 700__ $$aRichter, Francisca G.-C.
000014652 700__ $$aKenkel, Philip L.
000014652 773__ $$dSpring 2002$$jVolume 20$$kNumber 1$$o116$$q103$$tJournal of Agribusiness
000014652 8564_ $$s259407$$uhttp://ageconsearch.umn.edu/record/14652/files/20010103.pdf
000014652 887__ $$ahttp://purl.umn.edu/14652
000014652 909CO $$ooai:ageconsearch.umn.edu:14652$$qGLOBAL_SET
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  Previous issue date: 2002
000014652 982__ $$gJournal of Agribusiness>Volume 20, Number 1, Spring 2002
000014652 980__ $$a345