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SAMPLING PLAN AND OC CURVE FOR ELECTRONIC CHIPS
An incoming lot of 1000 electronic chips is to be evaluated for accep- tance on the basis of whether the chips are functioning or not. If the lot contains no more than 40 defectives, it is deemed acceptable; if it contains more than 200 defectives, it is not acceptable. Determine a sampling plan to meet these objectives with an α-risk of 0.05 and a β-risk of 0.1. Plot the resulting OC curve.
the speed of automobiles on i-20 west of fortworth texas is being investigating by the texas department of public
Given below is the rate of return for one year (reported in percent) for the sample of 12 mutual funds. Using .05 significance level is it sensible to conclude that mean rate of return is more than 4.50 percent?
The city council of Pine Bluffs is considering increasing the number of police in an effort to reduce crime. Before making a final decision,
Using this he gives a cost estimate of $24,000 for a new order for 500 units. Is this a reasonable cost estimate? Explain why or why not. Looking at the data on file, can you give a better cost estimate?
A client has an out-of-control system and a recommendation has been made to hire an internal accountant.
air enters a compressor with a pressure of 14.7 psia a temperature of 70 degreef and a volumetric flow rate of 40 ft3s.
A student throws a deck of cards into the air and then counts the number of cards that, after landing, are showing the face of the card
With a fair market, he expects to get an 8%return. If the market is bad, he will most likely getno return at all-in other words, the return would be0%. Allen estimates that the probability of a goodmarket is 0.4, the probability of a fair market i..
Find the probabilities of events and results of a large experimental study researchers modeled the wild and mutant cell growth
a metropolitan school system consists of three school districts-norths south central. the north district contains 25 of
Find the mean and standard deviation for the batting average for a player in the most recently completed MBL season. What batting average would separate the top 5% of all hitters from the rest?
A share tipping service claims that its selections give an average return of 10% if held for 12 months. An investor wants to investigate this claim and records the returns of the last 20 shares that have met the 12 month period.
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