1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sveticcg [70]
3 years ago
8

When a process is in control, it results in there being, on average, 16 defects per unit of output. c-chart limits of 4 and 28 w

ould lead to a ________ percent chance of a Type I error.
Business
1 answer:
denpristay [2]3 years ago
8 0

Answer:

Type 1= 0.3 %

Explanation:

This is a 3 sigma limit given by ( μ±3σ) . Chebyshev's inequality states that at least 89% of the observations fall in the three sigma limits ( μ±3σ) . The probability increases towards 99.7% as the distribution becomes normal.

Normal distribution= 99.7% observations fall within μ ± 3σ

Type 1 Error= (100- 99.7)%= 0.3%

Upper control limit = UCL= μ + 3σ

Lower control limit = LCL= μ - 3σ

You might be interested in
hompson Company manufactures and sells cookware. Because of current trends, it expects to increase sales by 15% next year. If th
nalin [4]

Answer:

The increase will affect next year's total amounts for the following costs as : a. increase no change increase

Explanation:

Increase of sales by 15% next year <em>affects</em> the units of production and sales.

This increment will result in <em>incremental costs</em> of revenues and costs <em>that vary</em> with the number of units produced and sold

Thus, Variable Costs = Increase

          Fixed Cost = No Change

          Mixed Costs = Increase (the Variable Component Only)

3 0
3 years ago
Bill Dukes has $100,000 invested in a 2-stock portfolio. $50,000 is invested in Stock X and the remainder is invested in Stock Y
ohaa [14]

Answer:

the portfolio´s beta is 1.65

Explanation:

when the individual calculation of beta has been given, is possible to aggregate them as a weigthed average, so it is possible to apply te next formula

Beta Portfolio=w_{1} *\beta _{1}+ w_{2} *\beta _{2} + .... + w_{n} *\beta _{n}

where w is the weigthed value for each asset, in this particular case we have:

Beta Portfolio = \frac{50.000}{100.000}*1.50 +\frac{50.000}{100.000}*1.70

so with this result we get 1.65

8 0
4 years ago
The ________ is the reality that management is needed in all types and sizes of organizations, at all organizational levels, in
Goryan [66]

Answer:

universality of management

Explanation:  

To contemporary management theory, universality in management can be described as an important concept to remember. If we identify management as standardized we relate to the prevalent management method in all kinds of organizations.

The universal essence of management means the transition of organisational skills from one type of business to the next. If that is the situation, a person would probably experience little trouble moving from one sector to the next, from the government to the market, from business to state, from school to company, or within the same entity from one branch to another.

Thus, from the above we can conclude that the correct answer is universality of management.

7 0
3 years ago
Nouveaux Co. was incorporated at the beginning of this calendar year. Its articles of incorporation authorize 500,000 shares of
neonofarm [45]

Answer:

D) 270,000

Explanation:

The computation of the outstanding number of shares is shown below:

= (Issued shares - treasury shares)  × stock split ratio

= (100,000 shares - 10,000 shares) × 3

= 90,000 shares × 3

= 270,000 shares

Simply we deduct the treasury stock from the issued shares and then multiply it by the stock split ratio so that the correct amount of outstanding shares can come

7 0
3 years ago
Norwood, Inc. Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an e
pishuonlain [190]

Answer:

$6

Explanation:

depreciation rate per hour using the units-of-production method = (cost of asset - residual value) / estimated hours of operation

($80,000 - $5,000) / 12,500 = $6

3 0
3 years ago
Other questions:
  • Which neca committee is responsible for the production of the magazine the quality connection?
    13·1 answer
  • Advertising is an important aspect of monopolistic competition and oligopoly because brand distinction encourages consumer loyal
    5·1 answer
  • The legal precedent that evolves from legal opinions issued by judges in deciding a case and guides judges in deciding similar c
    14·1 answer
  • Big Company, inc. currently sources most of their pens, staples, and sticky notes from Office Depot. Managers typically order th
    15·1 answer
  • Limited partnership programs are categorized as direct participation programs. The term direct participation refers to A) the ab
    9·1 answer
  • Sold clothing manufacturing equipment for $31,000. originally purchased the equipment for $95,000, and depreciation through the
    7·1 answer
  • Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2021, for $4.1 million. The patent will b
    7·1 answer
  • While on vacation, Kyle Kingston, the president and chief executive officer of Remstat, Inc., is called by the CEO of Viokam Cor
    7·1 answer
  • Marvin, the vice president of Lavender, Inc., exercises a stock option to purchase 100 shares of stock in March 2020. The stock
    6·1 answer
  • What is Meant by shares of a Company..!!??​
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!