One of the assumptions underlying the theory of control charting is that successive plotted points are independent of one another. Each plotted point can signal either that a manufacturing process is operating correctly or that there is some sort of malfunction. Even when a process is running correctly, there is a small probability that a particular point will signal a problem with the process. Suppose that this probability is 0.05. What is the probability that at least one of 10 successive points indicates a problem when in fact the process is operating correctly? What is the probability that at least one of 40 successive points indicates a problem when in fact the process is operating correctly?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
One of the assumptions underlying the theory of control charting is that successive plotted points are independent of one another. Each plotted point can signal either that a manufacturing process is operating correctly or that there is some sort of malfunction. Even when a process is running correctly, there is a small
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