User Account

All Pages

What is the upper control limit

Assignment Help Financial Accounting
Reference no: EM132835640

Question - The fact checkers on the Game of Thrones production team have received bad press about un-GoT items being seen in the show such as a Starbuck's cup. Instead of counting the number of errors per episode, they wanted to look at all the episodes to see if a show had an error in it. The following data are for the number of shows in a season (assume 10 shows per season for calculation purposes) that contained an error. Note, it didn't matter how many errors. One was enough to be counted.

Season 1, # shows with an error 2

Season 2, # shows with an error 6

Season 3, # shows with an error 6

Season 4, # shows with an error 4

Season 5, # shows with an error 5

Season 6, # shows with an error 2

Season 7, # shows with an error 0

Season 8, # shows with an error 2

Note: when you answer the question, put the number in for the control limits in the value that would be the first observation that is out of control - imagine the control limit chart. If there are 100 observations, an answer of 0.153 would mean that 15.3 (100*0.153) observations would be the calculated value. Then apply the rounding below to finalize the answer.

So, a value of 8.3 would be rounded to 9 as 9 would be the first value in the red. Similarly, 0.4 would be rounded to 1. Take care because this doesn't follow the typical rounding rules.

What is the upper control limit (UCL) using z=2?

What is the lower control limit (LCL) using z=2?

What observations, if any, are out of control?

 

Reference no: EM132835640

Questions Cloud

Identify a strategic group the organization : Identify a strategic group the organization may belong to. What are other organizations in that group?
What are the implications of international trade : Find How have international capital markets assisted international trade? What are implications of international trade and globalisation for banking operations?
Why leadership at the top is important : Critically discuss why leadership at the top is important in encouraging ethical behaviour.
Describe the types of qualitative research approaches : In order for you to select the qualitative research approach that best fits your research question, you will need to develop a deeper familiarity with.
What is the upper control limit : So, a value of 8.3 would be rounded to 9 as 9 would be the first value in the red. What is the upper control limit (UCL) using z=2
What predetermined overhead rate does company appear be : The job cost sheets of two uncompleted jobs. What predetermined overhead rate, as a percentage of direct labour costs, does the company appear to be using?
Explain project governance : 1. Explain project governance. 2. Summarise two project governance models and explain one advantage and disadvantage of each.
Discuss the relevance of the islamic financial system : Discuss the relevance of the Islamic Financial system from social and ethical perspectives?
Develop a deeper familiarity with the approaches available : In order for you to select the qualitative research approach that best fits your research question, you will need to develop a deeper familiarity.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Which activities would affect the operating section

Which activities would affect the OPERATING section of the cash flow statement this year? Issuing shares of stock./ Selling some products for cash

  Prepare the adjusting entry

Prepare the adjusting entry needed for Business Solutions to recognize bad debts expense, which are estimated to be 1 percent of total revenues

  Prepare the amortization schedule to be used for the loan

Prepare the amortization schedule to be used for this loan. What is the unpaid balance of the mortgage loan at the end of the second month?

  Make the entry that is required to correct the prior years

Machinery purchased for $77,000 by Concord Corp. on January 1, 2015, Make the entry that is required to correct the prior years' depreciation, if any.

  What is the total cost of the completed beginning inventory

What is the total cost of the completed beginning inventory? What is the average cost per gallon of all goods completed during April?

  Prepare adjusting entries for estimated uncollectible amount

At the end of an accounting period, Kiss Associates' accounts receivable amount is $63,400. An aging of the customers' accounts indicates.

  Evans stock and the corporations real estate

Evan is the sole shareholder of Corporation. Evan transferred real estate to Corporation in exchange for all of the stock of Corporation. The real estate was a capital asset in Evan’s hands and will also be a capital asset when held by the corporatio..

  Determine the over or under applied amount for the year

The Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. The total machine ..

  What amount should be reported as gain on sale of investment

On December 31, the entity sold 4,000 shares for 1,000,000. What amount should be reported as a gain on sale of investment in the current year

  How much would have to pay monthly for the car

How much would have to pay monthly for the car you want to buy if the cost of the car is $ 30,000 and they finance it at 5.75 compound interest

  Compute cost assigned to ending inventory using fifo-lifo

Montoure Company uses a perpetual inventory system. It entered into the following calender-year 2015 purchases and sales transactions. Compute cost of goods available for sale and the number units available for sale. Compute the cost assigned to endi..

  What is the npv of the project in best-case scenario

We are evaluating a project that costs $113,487, has a seven-year life and has no salvage value. What is the NPV of the project in best-case scenario?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd