A cell phone manufacturer inspects the video display on each color phone to verify that the screen can display all colors with t
he brilliance their customers have come to expect. Each phone is turned on, run through a self-test procedure, and classified as either acceptable or unacceptable based on test performance. Based on historical data, the manufacturer produces 0.1 percent defective displays. If they inspect 5000 phones each day for the next 10 days, what are the upper and lower control limits for their control chart if their sample mean mirrors their historical process average?
A required reserve ratio refers to the fraction of the deposits received by a bank or financial institution that the regulatory authority requires the bank to hold as reserves and not loaning it out.
Excess reserves refers to reserves that is above the required reserved which held by a bank or financial institution and can can be loaned out. Excess reserve is therefore total deposit minus required reserve.
Since the required reserve ratio is 10% from the question, initial required reserve for the bank can therefore be obtained as follows:
Because maybe when you stay in hotel and then you have your things then you actually die in accident in the hotel then if someone or forensics or policemen/policewoman want your details she/he will check your room gotel
To get the average of all the single rooms in the hotel: 80 * 75 + 90* 80 + 100* 90/ 80 + 90 + 100 = 6000 + 7200 + 9000/270 22200/270 = 82. 22 Thus, the average potential average single rate for the hotel is $82.22.