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You (plant manager) are given two scenarios: (a) the desired product metric has large scatter, but the overall average and range conform to the customer specifications, and (b) the desired product metric has very low standard deviation (scatter), but the average is off from the customer specifications. Which of the two scenarios would you find easier to deal with? Explain the steps for quality improvement in each scenario.
You want to investigate the average weight of 1000 items in a lot, so 40 of them are randomly chosen, weighed and X = 252g with S = 5 are obtained.
Sports and Leisure Most high schools in the United States offer a wide variety of sports for both boys and girls.
Determine the level of operating income at which Sand Key would be indifferent between debt financing and equity financing.
Let U1 and U2 be independent random variables. Suppose that U1 is χ2 with ν1 degrees of freedom while U = U1 + U2 is chi-square with ν degrees of freedom, where ν > ν1. Then prove that U2 is chi-square random variable with ν - ν1 degrees of freedom.
suppose we want to determine the binomial probabilityp of getting 4 heads in 15 flips of a 2-sided coin.nbsp using
The quality control inspection procedure is to select 6 items, and if there are 0 or 1 defective cases in the group of 6,
In a large department store a customer-complaints office handles an average of six complaints per hour about the quality of service.
Let A be the same set as in given Exercise. Show that the following relation is an equivalence relation:- (m1,n1)p(m2,n2) if m1+n2 = n1+m2. Draw the equivalemce class of (1,2).
Describe a method of recording and reporting WHS incidents in the workplace?
A Stock price follows geometric Brownian motion with an expected return of 16% per annum and a volatility of 35% per annum. The current price is $38.
Construct a 95% confidence interval for the population proportion of households where the women make the majority of the purchasing decisions.
A book can be classified as either non dash fiction or fiction. Suppose that 97?% of books are classified as fiction.
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