You Want to Determine the Control Lines for a P-Chart

question 16

Multiple Choice

You want to determine the control lines for a p-chart for quality control purposes. If the total number of defects from all samples is 560, the number of samples is 70, and the sample size is 80, which of the following would be the standard deviation used in developing the control lines?

• A) 0.9000
• B) 0.4556
• C) 0.0335
• D) 0.0011
• E) 0.0112

---

Definitions:

Long-run Supply Curve

A graphical representation that shows the relationship between the market price of a product and the quantity supplied by all firms in the long run when all inputs can be varied.

Competitive Market

A market structure characterized by many buyers and sellers, where no single participant has the power to significantly influence prices for homogeneous products.

Production Resource

Resources used in the creation of goods and services; these include land, labor, capital, and entrepreneurship.

Market Price

The present cost for purchasing or selling a product or service in a market setting.