Samples of size 20 are drawn from lots of 100 items, and the lots are rejected if thenumber of defectives in the sample exceeds 2. If the true proportion of defectives inthe lot is 5 percent, determine the probability that a lot is accepted usingd. The normal approximation to the binomial.

Q: If the decay constant is tripled, the half-life: a) Triples b) Remains the same c) Reduces to one…

A: In the context of radioactive decay, the decay constant (often denoted by the Greek letter lambda,…

Q: Based on the diagram, what is the ES for activity H? 70 85 35 50

A: 1. Take the ES of the First activity/s as 0. 2. Add the duration of the activity to this to get EF.…

Q: When samples of size n are drawn from a population, then the sampling distribution of the sample…

A: The sample distribution of the sample mean (X) would be approximately normal if the value of n…

Q: A researcher is studying whether being a smoker causes people to get colds more often. Classify each…

A: Method A: It is a observational study because choosing people who already smoke and who do not will…

Q: 57. A manufacturer of large appliances maintains a p chart for the production of washing machines.…

A: Hence, the UCL and LCL are 0.2387 and 0.

Q: snip

A: Given that: n= 100 N= 1,000 p = 10% Probability of accepting batches (Pa) = 58.3%

Q: suppose that Motorola uses the normal distribution to determine the probability of defects and the…

A: THE PROCES DISTRIBTUION GARPH IS AS ABOVE The process mean is 10 and the process S.D is 0.16So ,(…

Q: I think there is an error with a when multiplying 12 by 600

A: Given-   Monthly Demand (d) = 50 bagsAnnual Demand (D) = 50×12 = 600 bagsFixed Ordering Cost (S) =…

Q: T = -25°C A 0.5 m × 1 m double paned window is made of two silica glass panes 1 cm thick, with air…

A:

Q: To measure the temperature of a ceramic oven at the college of Arts in PTUK a a thermocouple…

A: Approach to solving the question:Please see attached photos for detailed solutions. Thank…

Q: A random sample of bolts is taken from inventory, and their lengths are measured. The average length…

A: Point estimation may be used to estimate population parameters from a sample of data, which is a…

Q: When a robot welder is functioning properly the cylinders it produces burst (on average) at 3400…

A: Note - Hi! Thank you for the question, As per the honour code, we are allowed to answer three…

Q: Given a normal distribution with μ= 105 and σ = 20, and given you select a sample of n = 16,…

A: According to central limit theorem, the distribution of sample means approximates a normal…

Q: A component part for a motorcycle is manufactured by an investment casting process. The air vent…

A: Find the given details below:

Q: You are performing the model evaluation of a classifier you trained. The objective of the classifier…

A: A confusion matrix is a two way table that helps the researcher to understand the performance of a…

Q: Since each process capability index relies on the estimate of process standard deviation, which in…

A: To improve the efficiency of the production process, the capability index allows for some drifting…

Q: typing urjent pls i will give upvotes

A:

Q: The state of California has a mean annual rainfall of 22 inches, whereas the states of New York has…

A:

Q: For unbalanced data, select the performance measure that is not recommended to use. Group of answer…

A: The traditional model assessment techniques don't precisely quantify model execution when confronted…

Q: do fast.

A: 1. Deactivate the voltage source (V1):Set the voltage source V1 to zero (0 V). This means the…

Q: A company employs the following sampling plan: It draws a sample of 10 percentof the lot being…

A: Given data,  Sample = 10 % percent  Defected Sample = 1% or less  Lot contains = 10,000 items…

Q: Tyler Apiaries sells bees and beekeeping supplies. Bees (including a queen) are shipped in special…

A: The Process Capability Index helps ensure the quality of products by quantifying how well a process…

Q: dont use chatgpt answer

A: The objective of the question is to determine the probability of rejecting a lot in a…

Q: Develop three-sigma appropriate control chart(s) from the chart(s) what comments can you make about…

A: Mean = Average of readings Range = Maximum reading - Minimum reading x-double bar = Average of mean…

Forecasting in Business

Forecasting is the process of predicting the future based on the past and the present data and circumstances. In other words, forecasting is the act of making a detailed analysis of future events based on the decisions made in the past as well as the present. Forecasting plays a very important role in operational management as it helps in planning and decision-making. It is not only important for the success of a business but also contributes to individual growth and success. Many business organizations or companies have failed due to the shortcomings of their forecasting.