Circuit boards out of shift production

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1. A factory making circuit boards tests the quality by taking a sample of 300 circuit boards out of a shift's production. Over time, the manufacturer has found that their circuit boards have an average of .02 defective proportion. One recent shift's sample of 300 circuit boards yielded 20 defectives. (a) Is the process in control based on the recent sample? (b) Why or why not? (Hint: Use p chart limits. Show all calculations).

2. In general, do you think CEO’s of major corporations are too highly paid? Why or why not? If so, what would you do to address the issue? If not, what dangers do you see in other people trying to bring down CEO pay? ( 1 page answer)

Reference no: EM132239034

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