What is the consumer risk for the sampling plan

Assignment Help Basic Statistics
Reference no: EM131641478

Question: Many companies use sampling to determine whether a batch should be accepted. An (n, c) sampling plan consists of inspecting n randomly chosen items from a batch and accepting the batch if c or fewer sampled items are defective. Suppose a company uses a (100, 5) sampling plan to determine whether a batch of 10,000 computer chips is acceptable.

a. The "producer's risk" of a sampling plan is the probability that an acceptable batch will be rejected by the sampling plan. Suppose the customer considers a batch with 3% defectives acceptable. What is the producer's risk for this sampling plan?

b. The "consumer's risk" of a sampling plan is the probability that an unacceptable batch will be accepted by the sampling plan. Our customer says that a batch with 9% defectives is unacceptable. What is the consumer's risk for this sampling plan?

Reference no: EM131641478

Questions Cloud

Find the sum of independent normal random variables : Use the fact that the sum of independent normal random variables is normally distributed, with mean equal to the sum of the individual means and variance equal.
Optimal replacement interval for the industrial engine : Compute the results for at least 250 replications. What is the optimal replacement interval for the industrial engine?
Identify the importance of human resource management : Identify the importance of human resource management. Analyze the relationship of organizational culture to change.
What elements or discussion would you add about the film : Do you agree with the main points presented in the Wikipedia article? What elements or discussion would you add about the film?
What is the consumer risk for the sampling plan : The "consumer's risk" of a sampling plan is the probability that an unacceptable batch will be accepted by the sampling plan.
Lack of cultural balance in team : You have just received an e-mail from one of your team members expressing concern about the lack of cultural balance in your team.
Record the sale : Abbott Landscaping purchased a tractor at a cost of $36,000 and sold it three years later for $18,000. Record the sale
Comments made by former employee susan fowler : The company Uber recently experienced organizational issues over the comments made by former employee Susan Fowler.
What possible reservations could a health care professional : What possible reservations could a health care professional have in working with Sister Mary

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd