STATISTICS F/BUSINESS+ECONOMICS-TEXT
STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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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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In a town with 5000 adults, a sample of 50 is selected using SRSWOR and asked their opinion of a proposed municipal project; 30 are found to favor it and 20 oppose it. If, in fact, the adults of the town were equally divided on the proposal, what would be the probability of observing what has been observed? Approximate using the Binomial distribution. Compare this with the exact probability which is 0.0418.
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