SCENARIO 18-7
a Supplier of Silicone Sheets for Producers of Computer

question 123

Short Answer

SCENARIO 18-7
A supplier of silicone sheets for producers of computer chips wants to evaluate her manufacturing
process. She takes samples of size 5 from each day's output and counts the number of blemishes on
each silicone sheet. The results from 20 days of such evaluations are presented below. $$\begin{array}{l}\text {\quad\quad\quad\quad\quad\quad\quad Sheet }\\\begin{array} { r r r r r r r r } \underline {\text { Day } }& \underline { 1 } &\underline { 2 }&\underline { 3 }& \underline {4 }& \underline {5} & \underline { \text { Mean } } &\underline { \text { Range }} \\1 & 8 & 10 & 14 & 6 & 5 & 8.6 & 9 \\2 & 8 & 13 & 6 & 6 & 10 & 8.6 & 7 \\3 & 10 & 12 & 7 & 7 & 9 & 9.0 & 5 \\4 & 5 & 9 & 12 & 7 & 10 & 8.6 & 7 \\5 & 8 & 3 & 8 & 9 & 10 & 7.6 & 7 \\6 & 9 & 7 & 9 & 6 & 9 & 8.0 & 3 \\7 & 10 & 10 & 5 & 7 & 6 & 7.6 & 5 \\8 & 10 & 9 & 10 & 6 & 5 & 8.0 & 5 \\9 & 6 & 10 & 6 & 9 & 9 & 8.0 & 4 \\10 & 6 & 9 & 8 & 6 & 8 & 7.4 & 3 \\11 & 8 & 5 & 6 & 10 & 10 & 7.8 & 5 \\12 & 6 & 4 & 7 & 7 & 12 & 7.2 & 8 \\13 & 7 & 5 & 7 & 6 & 9 & 6.8 & 4 \\14 & 5 & 8 & 8 & 7 & 6 & 6.8 & 3 \\15 & 7 & 12 & 10 & 6 & 10 & 9.0 & 6 \\16 & 7 & 11 & 4 & 7 & 8 & 7.4 & 7 \\17 & 8 & 4 & 5 & 4 & 7 & 5.6 & 4 \\18 & 11 & 4 & 11 & 11 & 10 & 9.4 & 7 \\19 & 6 & 10 & 6 & 10 & 10 & 8.4 & 4 \\20 & 6 & 12 & 12 & 6 & 8 & 8.8 & 6\end{array}\end{array}$$ She also decides that the upper specification limit is 10 blemishes.
-Referring to Scenario 18-7, what percentage of the chips will fall below the upper specification
limit?

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Definitions:

Collateralized Debt Obligations

A type of structured asset-backed security (ABS) with multiple layers of debt obligations typically secured by a pool of loans or other assets.

Promissory Note

A financial instrument comprising a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Financial Asset

An intangible asset representing a claim on future benefits or returns, examples include stocks, bonds, and bank deposits.

Real Asset

Physical or tangible assets that have value due to their substance and properties.