Assume that the probability of finding a proportion of 0.363 defectives in a good lot that contains 100,000 items is unknown. Rejecting a good lot costs 206.5 and accepting a bad lot costs 303.0. Binomial sampling is done by selecting a sample of size 10. Find the optimal sampling strategy
Assume that the probability of finding a proportion of 0.363 defectives in a good lot that contains 100,000 items is unknown. Rejecting a good lot costs 206.5 and accepting a bad lot costs 303.0. Binomial sampling is done by selecting a sample of size 10. Find the optimal sampling strategy
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Assume that the probability of finding a proportion of 0.363 defectives in a good lot that contains 100,000 items is unknown. Rejecting a good lot costs 206.5 and accepting a bad lot costs 303.0. Binomial sampling is done by selecting a sample of size 10. Find the optimal sampling strategy
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