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A medical supplies company buys its supplies in bulk and redistributes them to doctor's offices and clinics. The receive thermometers in lots of 500 from the vendor. They are considering a sampling plan of n=50 and c=1.
a. Develop a OC curve for this sampling plan. (Use Poisson Tables)
b. If an incoming lot has 5% defectives, what will be the probability of accepting the lot.
c. Determine the producer's risk if the AQL is 2%
d. Determine the consumer's risk if the LTPD is 14%
e. Develop a curve for AOQ and determine the value of AOQL.
Someone gives you 10 to 1 odds that you cannot roll a double number with the roll of a pair of dice. You win $10 if you succeed and you lose $1 if you fail. What is the expected value of the game for you? What can be expected if you play 100 times..
The mean top of knee height of a sitting mate is 20.7 in.
Use the above information to calculate the number of watches (units) and the sales dollars we need in order for our flea market business to break even for the day.
Create a 90% confidence interval for true mean amount of cholesterol in chicken eggs.
The cost of one serving of peanut butter ( in cents) for a random sample of 19 jars of peanut butter was found to be:
A store has an average of 25 people arriving each minute to checkout and each person on the average require 4 minutes to be processed at the checkout. What is the minimum number of cashiers required?
Calculate correlation coefficient for these sample data.
A consumer survey indicates that the average household spends m=$155 on groceries each week. The distribution of spending amounts is normal with a standard deviation of o=$25. Based on this distribution
Below are the sample times in minutes. At the .05 significance level, can we conclude that there is a difference in their mean times?
Out of the 109 males, 42% preferred Pepsi and out of the 53 females, 40% preferred Pepsi. Pepsi wanted to test to determine if the males preferred Pepsi more than females.
Compute the variance and standard deviation
Determine a 90% confidence interval estimate of the mean head circumference of all two-month-old babies.
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