Suppose that 
and R charts based on subgroups of size 4 are being used to monitor the tire diameter of a new radial tire.The 
andR charts are found to be in statistical control with 
inches.A histogram of the tire diameter measurements indicates that these measurements are approximately normally distributed.Calculate the estimate of the percentage of tires that are out of specification.
Definitions:
Residual Income
The income remaining after deducting all expenses, taxes, and costs of capital from net operating income.
Investment Opportunity
An investment opportunity refers to any situation where an individual or organization can invest in something with the potential for financial return.
Minimum Required Rate
The lowest return on investment or interest rate desired by an investor or required by a regulator or policy.
Return On Investment
A measure used to evaluate the efficiency of an investment, calculated by dividing the return of an investment by its cost.
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