Assume that a process has a company- established specification for variation set at 4 minutes. Assume that a well-designed, well- implemented random sample of 150 process time measurements was collected. The mean time was 97.3 minutes, with a standard deviation of 4.77 minutes. Using the company established significance level of .07, is the process probably operating within its company-established specification? Yes No There is insufficient information to answer this question All of the choices above None of the choices

Assume that a process has a company- established specification for variation set at 4 minutes. Assume that a well-designed, well- implemented random sample of 150 process time measurements was collected. The mean time was 97.3 minutes, with a standard deviation of 4.77 minutes. Using the company established significance level of .07, is the process probably operating within its company-established specification? Yes No There is insufficient information to answer this question All of the choices above None of the choices

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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At Gleditsia Triacanthos Company, a certain manufactured part is deemed acceptable if its lengthis between 12.45 to 12.55 inches. The process is normally distributed with an average of 12.49inches and a standard deviation of 0.014 inches. A) Is the process capable of meeting specifications? B) Does the process meet specifications?
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