Use the Given Process Data to Construct a Control Chart $$\begin{array} { l l l l l l l l l l l l } 4 & 7 & 5 & 6 & 8 & 3 & 12 & 4 & 4 & 5 & 6 & 2\end{array}$$

question 14

Essay

Use the given process data to construct a control chart for p. A manufacturer monitors the level of defects in the television sets that it produces. Each week, 200 television sets are randomly
selected and tested and the number of defects is recorded. The results for 12 consecutive weeks
are shown below. $$\begin{array} { l l l l l l l l l l l l } 4 & 7 & 5 & 6 & 8 & 3 & 12 & 4 & 4 & 5 & 6 & 2\end{array}$$

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Definitions:

Soviet Bloc

The group of communist states of Central and Eastern Europe, including the Soviet Union, that existed during the Cold War.

Capital Markets

Financial markets for buying and selling equity and debt instruments, facilitating the raising of capital by companies and governments.

High Rates

Elevated levels of interest, charges, or other financial metrics compared to a standard or average.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial performance beyond the break-even point.