Fifty Sample Measurements of the Length of an Automotive Component

question 30

Multiple Choice

Fifty sample measurements of the length of an automotive component yield a grand mean of 1.33 inches with an estimated standard deviation of 0.2 inches.The specification length is between 1.2 and 1.4 inches.Calculate the process capability index.

• A)0.1167
• B)0.18
• C)0.2167
• D)0.2877

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Definitions:

Rental Property

A property owned by an individual or entity that is rented out to tenants in exchange for monthly rent payments.

Section 1245

A provision in the U.S. tax code that treats the gain from the sale of certain types of property (primarily depreciable personal property) as ordinary income rather than capital gain.

Ordinary Income

Income earned through wages, salaries, commissions, and interest, subject to standard tax rates.

Preferential Treatment

Practices or policies that give favorable tax treatment to certain transactions, investments, or income, often to encourage specific economic activities.