Bundle: Modern Business Statistics with Microsoft Office Excel, Loose-Leaf Version, 6th + MindTap Business Statistics, 2 terms (12 months) Printed Access Card
Bundle: Modern Business Statistics with Microsoft Office Excel, Loose-Leaf Version, 6th + MindTap Business Statistics, 2 terms (12 months) Printed Access Card
6th Edition
ISBN: 9781337589383
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Chapter 19, Problem 23SE

An n = 10, c = 2 acceptance sampling plan is being considered; assume that p0 = .05 and p] = .20.

  1. a. Compute both producer’s and consumer’s risk for this acceptance sampling plan.
  2. b. Would the producer, the consumer, or both be unhappy with the proposed sampling plan?
  3. c. What change in the sampling plan, if any, would you recommend?
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