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..$6.13 The defect rate for data entry of insurance claims at Sadegh Kazemi Insurance Co. has historically been about 1.5%. a) What are the upper and lower control chart limits if you to use a sample size of 100 and 3-sigma limits? b) What if the sample size used were 50, with 3ơ? c) What if the sample size used were 100, with 2ơ? d) What if the sample size used were 50, with 2ơ? wish

..$6.13 The defect rate for data entry of insurance claims at Sadegh Kazemi Insurance Co. has historically been about 1.5%. a) What are the upper and lower control chart limits if you to use a sample size of 100 and 3-sigma limits? b) What if the sample size used were 50, with 3ơ? c) What if the sample size used were 100, with 2ơ? d) What if the sample size used were 50, with 2ơ? wish

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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.. $6.13 The defect rate for data entry of insurance claims at Sadegh Kazemi Insurance Co. has historically been about 1.5%. a) What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits? b) What if the sample size used were 50, with 3ơ? c) What if the sample size used were 100, with 2o? d) What if the sample size used were 50, with 20? e) What happens to ở, when the sample size is larger? 1) Explain why the lower control limit cannot be less than 0. Px ina
Transcribed Image Text:.. $6.13 The defect rate for data entry of insurance claims at Sadegh Kazemi Insurance Co. has historically been about 1.5%. a) What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits? b) What if the sample size used were 50, with 3ơ? c) What if the sample size used were 100, with 2o? d) What if the sample size used were 50, with 20? e) What happens to ở, when the sample size is larger? 1) Explain why the lower control limit cannot be less than 0. Px ina
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