Question

In: Statistics and Probability

Use the following information to answer questions (problems) 16 - 18. The following data are the...

Use the following information to answer questions (problems) 16 - 18. The following data are the result of inspecting aircraft seat belt buckles produced in various lot sizes.

Number of buckles in each sample

Number of defective buckles found

100

15

110

7

95

18

90

8

150

10

85

14

50

9

115

20

110

6

95

12

A- WORTH 4 POINTS: What is the average percent defective? Show work & formulae used or just use Minitab and attach/embed.

ANSWER: _______________________

B- WORTH 8 POINTS: What are the upper and lower control limits for the smallest subgroup and the largest subgroup? Show work & formulae used or just use Minitab and attach/embed. Each answer is worth two points apiece.

  1. UCLLargest Subgroup = _____________
  2. LCLLargest Subgroup = _____________
  3. UCLSmallest Subgroup = ____________
  4. LCLSmallest Subgroup = ____________

C- WORTH 4 POINTS: What type of control chart should be used for the data above?

  1. Xbar-R Chart
  2. p-Chart
  3. np-Chart
  4. c-Chart

Solutions

Expert Solution


Related Solutions

Use the following information for questions 16 – 18: A study is conducted to find a...
Use the following information for questions 16 – 18: A study is conducted to find a relationship between heavy alcohol use during the first trimester of pregnancy and miscarriage. 50 women who suffered miscarriage are enrolled along with 70 women who delivered full-term. Each participant’s use of alcohol during pregnancy is found via survey. The data are shown here. Miscarriage Delivered Full-Term Heavy Alcohol Use 33 19 No Heavy Alcohol Use 17 51 What is the incidence of miscarriage in...
Use the following to answer questions 16-18: Cumulus, Inc. began the period with 1,000,000 shares of...
Use the following to answer questions 16-18: Cumulus, Inc. began the period with 1,000,000 shares of stock outstanding. By the end of the period, they had managed to sell an additional 300,000 shares. Preferred stock made up 20% of the number of shares outstanding at the beginning of the period and 50% of the shares sold during the period. Each share of preferred stock sells for $20 and must be paid a 7% dividend on that sales price each year,...
Use the following information to answer Questions 16 to 20: A speculator opened an account with...
Use the following information to answer Questions 16 to 20: A speculator opened an account with her broker to purchase 5,000 shares of FSLR (First Solar) for $15 each. The initial margin requirement was 60%. The speculator financed the remainder of the purchase by taking out a loan that charges 10% annual interest. A year later the price of FSLR decreased to $10 per share and the stock did NOT pay any dividends. Assume no commissions. 16. What is the...
Use the following information on Black Red to answer questions 14 – 18. JDL is considering...
Use the following information on Black Red to answer questions 14 – 18. JDL is considering whether to discontinue offering credit to customers who currently have late payments on the credit extended to them. Current annual credit sales are $10 million and such a change in policy is expected to reduce sales by 15 percent, cut the firm’s bad-debt losses from 8 to 4 percent, and reduce average collection period from 70 days to 45 days. The firm’s variable cost...
PREGUNTA 14 Use the following information to answer questions 14 to 18. to A certain brand...
PREGUNTA 14 Use the following information to answer questions 14 to 18. to A certain brand of apple juice is supposed to have 64 ounces of juice.  Because the punishment for under-filling bottles is severe, the target mean amount of juice is 64.05 ounces.  It is known that the standard deviation of the population is 0.06. However, the filling machine is not precise, and the exact amount of juice varies from bottle to bottle.  The quality – control manager wishes to verify that...
Use the following data to answer the questions listed below: 17                    13 18           &nb
Use the following data to answer the questions listed below: 17                    13 18                    16 20                    24 15                    19 19                    12 10                    16 26                    27 13                    23 17                    15 24                    20 14                    21 26                    22 Using excel, compute the mean, median, range, and standard deviation of this sample. Create a table organized into bins starting with 10 and going up by 4 (10-13, 14-17, 18-21, etc.) Create a histogram that shows the distributions from part b. Describe the distribution shown on...
Use the data in the Mod8-2Data file to answer the following questions. The data contains information...
Use the data in the Mod8-2Data file to answer the following questions. The data contains information from a car seat manufacturer on the age of machine (in months) and the cost of repairs (in 10s of $). Run the regression in Minitab and show the regression line on a scatter plot. Assume a level of significance of 5%. Age Repairs10 110 32.767 113 37.668 114 39.252 134 44.314 93 34.262 141 47.616 115 32.474 115 33.898 115 43.345 142 52.637...
Use the following information to answer questions 18 - 19 Mayer & Co. expects its EBIT...
Use the following information to answer questions 18 - 19 Mayer & Co. expects its EBIT to be $110,000 every year forever. The firm can borrow at 10 percent. Meyer currently has no debt, and its cost of equity is 22 percent. If the tax rate is 40 percent, what is the value of the firm? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Value of the firm = $_______ Hint: there is no...
Use the following information to answer questions 16 and 17: You sell short 100 shares of...
Use the following information to answer questions 16 and 17: You sell short 100 shares of Doggie Treats Inc. that are currently selling at $40 per share. You post the 50% margin required on the short sale. Your broker requires a 30% maintenance margin. 16) If the price falls to $30 short position in stocks and equity amounts are _______and_______, respectively. a. $3,000, $4,000 b. $2,000, $4,000 c. $3,000, $3,000 d. $4,000, $2,000 17) You will get a margin call...
Use the following information to answer Exercises E6-16 through E6-18. Golf Unlimited carries an inventory of...
Use the following information to answer Exercises E6-16 through E6-18. Golf Unlimited carries an inventory of putters and other golf clubs. The sales price of each putter is $119. Company records indicate the following for a particular line of Golf Unlimited’s putters: Date Item Quantity Unit Cost Nov. 1 Balance 24 $ 53 6 Sale 20 8 Purchase 30 ?70 17 Sale 30 30 Sale ?2 E6-16 Measuring and journalizing merchandise inventory and cost of goods sold—FIFO Learning Objective 2...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT