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alexandr402 [8]
3 years ago
9

You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1

00 items in your production process. From the samples, you determine the fraction defective is 0.05 and the standard deviation is 0.01. If the desired confidence level is 95 percent, which of the following is the resulting UCL value for the line? The answer is not exact because of the rounding, please pick the closest number. Group of answer choices a. 0.19 b. 0.15 c. 0.03 d. 0.07 e. 0.39
Business
1 answer:
Harlamova29_29 [7]3 years ago
8 0

Answer:

The resulting UCL value for the line is 0.07. The right answer is d

Explanation:

According to the given data we have the following:

P-bar = Fraction defective = 0.05

Sp = Standard deviation = 0.01

In order to calculate the resulting UCL value for the line we have to use the following formula:

UCL = P-bar + (Z x Sp)

Using standard normal table, for 95% confidence level Z=1.96

Therefore, UCL = 0.05 +(1.96x0.01)=

                  UCL = 0.0696, Hence UCL=0.07

The resulting UCL value for the line is 0.07

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Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
soldier1979 [14.2K]

Answer:

A) $2.50 per direct labor-hour

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

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= $15,000 + $8,000 + $12,000 + $15,000

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3 years ago
At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued
Dennis_Churaev [7]

Answer:

$3.03

Explanation:

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Earnings per common share=$1,160,000/ [(350,000 x 8/12) + (450,000 × 4/12)]

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4 0
2 years ago
What are three ways that young people in your community can volunteer their time?
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3 0
3 years ago
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A stock has an expected return of 16.1 percent, the risk-free rate is 6.45 percent, and the market risk premium is 7.2 percent.
DiKsa [7]

Answer:

the beta of the stock is 1.34

Explanation:

The calculation of the beta of the stock should be

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So, the beta should be

= 9.65% ÷ 7.2%

= 1.34

Hence, the beta of the stock is 1.34

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3 years ago
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