Ch. 10: Quality Assurance 6 Help Save & Exit Submit Saved Check my work 2 Proble

Question

Ch. 10: Quality Assurance 6 Help Save & Exit Submit Saved Check my work 2 Problem 10-5 40 points Using samples of 196 credit card statements, an auditor found the following: Use Table-A. Sample Number with errors eBook Print References a. Determine the fraction defective in each sample. (Round your answers to 4 decimal places.) Sample Fraction defective 00153 00102 00408 b.lf the true fraction defective for this process is unknown, what is your estimate of it? (Round your answer to 1 decimal place. Omit the "%" sign in your response.) Estimate 241% C. What is your estimate of the mean and standard deviation of the sampling distribution of fractions defective for samples of this size? (Round your intermediate calculations and final answers to 4 decimal places.) 00242 Standard deviation

Explanation / Answer

Sample Ans A 1 196 3 0.0153 2 196 2 0.0102 3 196 6 0.0306 4 196 8 0.0408 Ans C M Mean 0.0242 2.4% Ans b S Std dev 0.0140 NORM.DIST(X,M,S,TRUE) X 1-Alpha Alpha P value Z score 0.047 0.947417702 0.0526 0.9474 1.6203 0.0014 0.052054245 Ans E Ans E Ans F Yes

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---