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Author Question: Suppose a plant that produces dye wants to test the process. Four samples are randomly selected from ... (Read 123 times)

hubes95

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on: Jun 24, 2018
Suppose a plant that produces dye wants to test the process. Four samples are randomly selected from the production process and each analyzed for its color intensity. The data are collected over a ten-day period. Assume the population of color intensity is normally distributed with a mean of 5 and a standard deviation of 1.1 . What would be the upper control limit for a chart of this study?
 a. 6.65
 
  b. 6.04
 
  c. 8.3
 
  d. 8.63

Question 2

In investment models, a useful approach for generating future returns and inflation factors from historical data is:
 a. the NPV approach
  b. the scenario approach
  c. the averaging approach
  d. the trend analysis approach
  e. none of these choices


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AISCAMPING

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

b


hubes95

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Reply #2 on: Jun 24, 2018
Thank you :)


AISCAMPING

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Reply #3 on: Jun 24, 2018
Happy to help you


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