Leo Phan Is the New Business Manager at PC Priced

question 41

Short Answer

Leo Phan is the new business manager at PC Priced Right. He is concerned that his register is incorrectly ringing items. For those items sold during the last seven days, he has counted 10 that were incorrectly charged. What would be the 99.7% control limits for number of incorrect rings per week on this process?

---

Definitions:

Graduates

Individuals who have successfully completed a course of study at a college, university, or other educational institution.

Rocks

Rocks refer to solid mineral material forming part of the surface of the earth and other similar planets, exposed on the surface or underlying the soil or oceans.

Statistician's Fallacy

The error of ignoring the variability inherent in data or conclusions derived from statistical processes.

Logic

The systematic study of the principles of valid inference and correct reasoning.