What if the sample size used were 100 with 2s

Assignment Help Business Management

Reference no: EM131257212

The defect rate for data entry of insurance claims has historically been about 1.5%. a) What are the upper and lower control chart limits if you wish to use a sample size of 100 and 3-sigma limits?

b) What if the sample size used were 50, with 3s ?

c) What if the sample size used were 100, with 2s ?

e) What happens to snp when the sample size is larger?

f) Explain why the lower control limit cannot be less than 0.

Reference no: EM131257212

Questions Cloud

What will be upper control limit and the lower control limit : Eagletrons are all-electric automobiles produced by Mogul Motors, Inc. - What will be the upper control limit (UCL) and the lower control limit (LCL) in this chart?

What were the prevailing characteristics of the team leaders : The Williams, Parker, and Turner (2010) article discusses teams that perform proactively. Think about a time when you worked on a proactive team and another time when you worked on a reactive team. What were the prevailing characteristics of the..

How does marginal economics factor into the given changes : How does "marginal economics" factor into these changes? What are the motivations of the different suppliers as prices change? Do some research on this area and post your ideas, conclusions, and outlook for oil prices.

Fixed cost of launching a new kind of pizza : Further assume that the fixed cost of launching a new kind of pizza F>0. Is it possible that the delivering pizzeria has more choices (pizza flavors) than the non- delivering pizzeria? If yes, under what conditions? If not, why not?

What if the sample size used were 100 with 2s : What if the sample size used were 50, with 3s ? - What if the sample size used were 100, with 2s ? - What happens to snp when the sample size is larger?

What can organizations do to ensure peer justice : Based on the textbook and your experience, have you ever personally been treated unfairly within a team setting? Perhaps you have witnessed unfair treatment on a team in which you belonged. What was the root cause of this condition?

What is the first step in the rational decision-making model : Your boss never gives you the benefit of the doubt. When you arrived late from lunch, he assumed that you had simply taken too much time. He never considered that the elevators were not working that day, forcing you to walk up ten flights of stair..

Describe the behavior of consumption investment and labor : Describe the behavior of consumption, investment, labor, productivity, wages, the price level and the money supply over the business cycle both in terms of correlation, magnitude and lead vs lag.

Peter ittigs department store : Peter Ittig's department store, Ittig Brothers, is Amherst's largest independent clothier.- The store receives an average of six returns per day. Using z = 3, would nine returns in a day warrant action?

User Account

All Pages