The Upper and Lower Control Limits of the Proportions of Defectives

question 20

Short Answer

The upper and lower control limits of the proportions of defectives of a process are 0.33 and 0.27.
a.What has been the proportion of defectives in this process?
b.What has been the sample size?

---

Definitions:

Market Price

The present trading price for an asset or service in the marketplace.

Par Value

Par value is the face value of a bond or the stock value stated in the corporate charter, sometimes used in reference to the nominal value of securities.

Stock Split

A process initiated by a corporation to split its current stock into several shares in order to increase the shares' liquidity.

Market Price

The current price at which an asset or service can be bought or sold in the financial markets.