The binomial approximation give satisfactory results

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Consider the single-sample plan with c = 2 and n = 50, as discussed in Example 16.11, but now suppose that the lot size is N = 500. Calculate P(A), the probability of accepting the lot, for p 5 .01, .02,..., .10, using the hypergeometric distribution. Does the binomial approximation give satisfactory results in this case?

Reference no: EM131087165

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