[AT] Statistics In Tractor Manufacturing

[James Peck]

It was probably a money pit from day one. All the fraudulent actions they undertook were to get out from under it.

[Cecil Bearden] The New Holland Money Pit is what it is because somewhere in its history the hour meter was turned back.  New tires were installed and it was made to look like a 5 yr. old tractor with about 200 hrs. per year.

[ James Peck] <snip> The same (Weibull] distribution probably predicts that Cecil’s New Holland money pit will continue to be so and will suffer an early demise. <snip>