P chart, Other Management

Assignment Help:

P Chart

As against the   668_p chart.png   and R charts which deal with quantitative aspects, these charts deal with the attributes which are qualitative factors possessed by the data. An example would be a person being a major or a minor or the marital status of the person. In these examples, we note that a person is either a major or not, similarly a person is either married or not. That is we are looking at whether the given data set is in confirmation with the given qualitatitive factor or not. The answer would be an emphatic yes or no and either a success or a failure. There is no neutral state of acceptance. In statistical process control, the data set which can take on only two values is called an attribute. From this point of view, it can  be said that the quality of the product conforms to the specified standards or it does not. Since we take into account the attributes of the given data set, the measure we will employ is the proportion of the data points satisfying the given criteria and the proportion of the data points that does not satisfy the criteria. With respect to this, let us recollect that the probability of success in the binomial distribution is denoted by "p" and the proportion of units that have a particular characteristic in a given population is symbolized by "p" and the same in a sample is denoted as   1038_p chart1.png  . Remember that using the binomial distribution to form interval estimates of a population proportion would be tedious and as the sample size increases the binomial distribution can be approximated by a normal distribution and therefore the number of successes are converted to the proportion of success by dividing np by n. Since np gives us the mean of the binomial distribution, the mean of the sampling distribution is given by np/n = p. q is used to denote the probability of failure and the proportion of units that do not show the characteristic under consideration. The standard deviation is also obtained on similar lines. That is, the mean and the standard deviation of the sampling distribution of the proportion are given by

2366_p chart2.png

With the fractional values of p and the center line at   1424_p chart3.png  , we plot the p chart. The control limits are given by

1647_p chart4.png

In case we do not know the p value, we estimate it by using the overall sample fractions. The mathematical expression for the same is shown below.

                    2183_p chart5.png   

where

          1502_p chart6.png       is the sample fraction in the j th interval of time

         k        is the sum of all the samples considered. 

Therefore in the equations given above to calculate lower and upper control limits, p should be replaced by   2438_p chart7.png  .

An important point to note is that if the value of LCL is below zero, we take the value of LCL as zero and if the value of UCL exceeds 1, it is considered as 1. Do you find any similarity between this concept and the concept of probability? Yes. If you recollect, the classical probability defines probability as the ratio of number of the outcomes where that particular event occurs to the number of all the possible outcomes. From this definition we can see the relationship between probability and the proportion of the units satisfying a particular characteristic out of all the units manufactured.

Then from the plot we identify the pattern and if required the corrective action is taken.


Related Discussions:- P chart

Beta of a share, Beta of a share Financial analysts often talk of the ...

Beta of a share Financial analysts often talk of the beta (b) of a share. We will describe what the beta signifies and the method commonly used to estimate it in this section.

What are the main features of corporate bonds, Question 1 What are securit...

Question 1 What are securities? Describe the features of various types of securities Question 2 What are the main features of corporate bonds? Question 3 Define risk. Wh

Library networks, Library Networks   A Library network is defined by Hu...

Library Networks   A Library network is defined by Hunter and Bakewell as "A group of libraries and/or information service points, connected together for the purpose of satisfy

Differentiate between formal teams and informal teams, Question 1 The t...

Question 1 The type, structure, and composition of individual teams vary within an organisation. a) Differentiate between formal teams and informal teams, using appropriate

Non conventional indexing and filing equipment , Non Conventional Indexing ...

Non Conventional Indexing and Filing Equipment -libraray equipment-libraray management Use of mechanical devices for sorting information recorded on special kinds of cards lik

Practice of Management, Mr. Vincent the manager of a large supermarket was ...

Mr. Vincent the manager of a large supermarket was taking a management course in the evening program at the local collage. The professor had given an interesting but Mr. Vincent th

Change initiator, C hange initiator To     meet     the     initial   ...

C hange initiator To     meet     the     initial     requirements     for    a     Request     for    change (RFC), the change initiator  is the person who initially perceive

Product development cycle, Product development cycle   All products unde...

Product development cycle   All products under development typically follow the cycle of market place-to-market place. The development starts with identification of a product in

Can fca facilitate make recycling programs profitable, Q. Can FCA facilitat...

Q. Can FCA facilitate make recycling programs profitable? Ans. No. Waste will carry on to be generated by the residential and commercial sectors, communities will continue

Selection tools - non-print materials, SELECTION TOOLS: NON-PRINT MATERIALS...

SELECTION TOOLS: NON-PRINT MATERIALS The production and distribution of non-print materials, is a recent development and therefore not as well organised as in the ease of prin

Write Your Message!

Captcha
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!

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