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A quality control unit in ball-bearing manufacturing company keeps record of error in terms of the number of faulty balls (W) per a lot. The size of standard lot is 8, and the probability distribution of single lot containing faulty balls is known as follows: W 1 2 3 4 5 6 7 8 Probability(W=w) 0.6 0.2 0.07 0.06 0.03 0.02 0.01 0.01 a. Construct a table for the cumulative probability distribution of W. b. Determine the expected number of faulty balls per lot, i.e. E[W], and the variance, V[W]. c. Construct a table for the probability distribution of W2 . d. Based off of b) and c), show that V [W]=E[W2 ]-E[W] 2 e. Find P (W?5).
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A Trial Balance discloses how many types of errors? A Trial Balance discloses errors that are given below: i) An item posted double. ii) A mistake into posting.
Why do you think Mary parker Follett's ideas tended to be popular with business people of her day but were ignored by management scholars? Why are her ideas appreciated more today?
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