UCLp = of a sample size of 500, the upper and lower (enter your response as a number between 0 and 1, rounded to four decimal places).
UCLp = of a sample size of 500, the upper and lower (enter your response as a number between 0 and 1, rounded to four decimal places).
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...
Related questions
Question
Expert Solution
Calculation of p-bar
It is given that defect rate is 4.50 % or 0.045.
So, p-bar = 0.045
Sample Size (n) = 500
z = 3
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