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Veronika [31]
3 years ago
5

Discuss the logic underlying the use of three-sigma limits on Shewhart control charts. How will the chart respond if narrower li

mits are chosen
Business
1 answer:
AnnZ [28]3 years ago
7 0

Answer:

The Shewhart control charts are charts used to monitor processes and behaviours in businesses statistically to ensure they are under control. They have been known to produce superb results especially with the use of the 3-sigma limits. The use of narrower limits provides practicality in testing more scenarios, the investigation of more causes and detection of more false causes.

Explanation:

The use of the 3 sigma limits in the Shewhart control charts using narrow limits provides for better control of business enterprises by ensuring that more investigations and detection of false causes are conducted. Thes gives a much more specific range of results in practice compared to the wide range approach.

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A(n) ________ performs and records the daily activities of a firm necessary to conduct business.
gtnhenbr [62]

Answer: Transaction processing systems

Explanation:

The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.

 It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.

The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.  

 Therefore, Transaction processing system is the correct answer.

6 0
3 years ago
Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on
oksano4ka [1.4K]

Answer:

a) P(t=100) = 7 e^{0.03*100}=140.599 billion

b) P(t=0) = 7 e^{0.03*0}=7 billion

P(t=1) = 7 e^{0.03*1}=7.21 billion

P(t=2) = 7 e^{0.03*2}=7.43 billion

P(t=10) = 7 e^{0.03*10}=9.45 billion

P(t=25) = 7 e^{0.03*25}=14.82 billion

P(t=50) = 7 e^{0.03*50}=31.37 billion

c) Figure attached

d) Figure attached

Explanation:

The proportional model on this case would be given by:

\frac{dP}{dt} = kP

Where P is the population size, t the time on years and k a constant.

We can reorder this expression like this:

\frac{dP}{P} = k dt

If we integrate both sides we got:

ln|P| = kt + C

And using exponentials on both sides we got:

P(t) = e^{kt} e^C = P_o e^{kt}

Where P_o=7 billion  represent the initial amount for the starting year t=0.

The rate on this case is given r =3\% = 0.03, so then our model would be given by:

P(t) = 7 e^{0.03t}

Part a

For this case we just need to replace t=100 and we got:

P(t=100) = 7 e^{0.03*100}=140.599 billion

Part b

For this case we have the following:

P(t=0) = 7 e^{0.03*0}=7 billion

P(t=1) = 7 e^{0.03*1}=7.21 billion

P(t=2) = 7 e^{0.03*2}=7.43 billion

P(t=10) = 7 e^{0.03*10}=9.45 billion

P(t=25) = 7 e^{0.03*25}=14.82 billion

P(t=50) = 7 e^{0.03*50}=31.37 billion

Part c

The graph is on the first figure attached.

Part d

If we take a log-log scale we have the following values

We need to exclude the point t=0 since the natural log for 0 is not defined.

ln 1 =0 , ln 2= 0.693, ln 10=2.30, ln 25 =3.22, ln 50= 3.91

The result would be the figure 2 attached. And we see a better result for the graph.

3 0
3 years ago
Which statement best describes what happens when people declare bankruptcy
Trava [24]
For the answer to the question above, I believe the answer to your question is a<span>ll of their debts are eliminated, but they have to sell their assets, such as their homes to offset the remaining balance of their debts.
I hope my answer helped you. Feel free to ask more question. Have a nice day!
</span>
6 0
3 years ago
the manner in which a particular appeal is converted into an advertising message presented to a consumer is known as the
astraxan [27]

The manner in which a particular appeal is converted into an advertising message presented to a consumer is known as creative execution.

<h3>Write a short note on advertising.</h3>

The strategies used to promote a product or service are referred to as advertising. Advertising aims to draw consumers' attention by emphasizing a product or service. Although there are many other uses as well, commercial advertising is the most common. It is frequently used to promote a certain commodity or service.

Commercial advertising typically aims to increase consumption of their products or services by "branding," which associates a product name or image with certain features in consumers' thoughts. On the other hand, commercials that are meant to result in an immediate sale are referred to as direct-response advertisements. Governmental organizations, political parties, interest groups, and religious institutions are a few examples of non-commercial organizations that focus more on self-promotion than promotion of goods or services for consumers.

To know more about, Advertising, visit :

brainly.com/question/3163475

#SPJ4

8 0
10 months ago
Products sold by companies in the United States to consumers in China are exports.
Katarina [22]
The answer is True if I’m correct
8 0
2 years ago
Read 2 more answers
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