Find the chance that that a lot will pass

Reference no: EM131809933

Question: A factory which produces chips in lots of ten thousand use the following scheme to check the quality of its product. From each lot of chips produced, a random sample of size 500 is taken. If the sample contains 10 or less defectives, the lot is passed. If the sample contains more than 10 defectives, another random sample of size 500 is chosen from the lot. If this sample contains 10 or less defectives, the lot is passed, otherwise, the lot is rejected. If a lot actually contains 5% defectives, find the chance that it will pass. [approximate by sampling with replacement, and use the normal curve.]

Reference no: EM131809933

Questions Cloud

Reasons for termination and the manner of termination : Write a 3–5 paragraph Differentiate between the reasons for termination and the manner of termination.

Polarization among pro union and pro company employees : Union labor organization attempts often generates significant polarization among pro union and pro company employees.

Compute cost of goods sold expense : Compute cost of goods sold expense. In your calculations round weighted average cost to the nearest cent. Round your final answer to the nearest dollar.

Kinds of cognitive errors contributed : Explain why Mattel’s managers were able to slowly change decision making over time and what kinds of cognitive errors contributed.

Find the chance that that a lot will pass : A factory which produces chips in lots of ten thousand use the following scheme to check the quality of its product. From each lot of chips produced.

Write a memorandum on the ethical issue : The owner of Sorena company has asked your firm not to close the revenue accounts at the end of the fiscal year

Determine cost of goods sold expense assuming kramer had use : Cost of Goods Sold, FIFO, and LIFO. Determine the cost of goods sold expense assuming Kramer had used the LIFO method instead of the FIFO method.

The equivalent units for materials for the month is : The following information was obtained from the records of the first processing department of Bapst Corporation for the month of May.

The variety of products is low in standard shop : The variety of products is low in a standard shop. The process flexibility is low is a standard shop.

User Account

All Pages