Central tendency of sample means, Operation Management

Assignment Help:

Central Tendency of Sample Means

As was shown earlier (Advantages of SPC: feedback, the use of individual output measurements as the basis for process adjustment is inappropriate. How, then, should the need for adjustment (and the amount of adjustment) be determined?

We can take advantage of the behaviour of the mean values of samples, as described in the central limit theorem:

If random samples of size n are taken from any population having a mean µ and a standard deviation σ, the probability distribution of the sample means approaches a normal distribution of mean µ and standard error s = σ/√n as n becomes very large. To appreciate the significance of this, consider the pharmaceutical process example. If a large number of samples, each of nine tablets (i.e. n = 9), are weighed and the means of the samples calculated, their distribution will approximate a normal distribution of mean 505.48 mg (µ) and standard error 1.82 mg (s= σ//√n = 5.45/3) This is illustrated in this figure.

733_Central Tendency of Sample Means.png

Because the sample means cluster more closely around the population mean than the individual measurements, they provide a sensitive measure of any tendency for the process mean to drift out of control.


Related Discussions:- Central tendency of sample means

Determining Sample Design, Determining Sample Design: All the items ...

Determining Sample Design: All the items consideration in any field of inquiry constitute a universe or population. A complete enumeration of all the items in the populat

Sunshine Enterprises Case Study , What is the average value of a loyal cust...

What is the average value of a loyal customer (VLC) at Abby's restaurants (see Chapter 3)? What is the best way to increase revenue given your VLC analysis

Define the concept of a career, Discuss the concept of a career. What are t...

Discuss the concept of a career. What are the Four Career Stages- List each one with its specific characteristics

Describe kristen''s cookie company case study, Does anyone have any informa...

Does anyone have any information on the questions for the Kristen's Cookie Company case study?

Describe the impact of social networking, Discuss the impact of social netw...

Discuss the impact of social networking in computing today, and in the future five years

Types of benchmarking, Briefly discuss benchmarking as process improvement ...

Briefly discuss benchmarking as process improvement tool. Explain six types of benchmarking and give four reasons why some businesses have failed to derive maximum benefit from it.

Introduction, what is production and operation management?

what is production and operation management?

Identify the most vital factors in each perspective, Summarize the classica...

Summarize the classical, behavioural and quantitative perspectives on management Identify the most important factors in each perspective

Explain score for energy cost increases, Daniel Tracy, owner of Martin Manu...

Daniel Tracy, owner of Martin Manufacturing, must expand by building a new factory. The search for a location for this factory has been narrowed to four sites: A, B, C and D. The f

Write Your Message!

Captcha
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