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SCENARIO 3-14-B
You Are the Quality Control Manager of a Water

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SCENARIO 3-14-B
You are the quality control manager of a water bottles company. One of the biggest complaints in the
past years has been the breakage and, hence, the concern on the durability of the connector between
the lid and the bottle which many users use as a handle for the bottles. To collect evidence before
implementing any modification to the production process, your department has subjected 100 water
bottles to a durability test and the following data on the number of times the handles have been used
to lift the bottles before they break are contained in the file Scenario3-14-DataB.XLSX. 493506515491500505517510506503503491495496496505493486504483514494497501493490510494494495494486495506506507502498510501500505492486501496501521510498\begin{array} { l l l l l l l l l l } 493 & 506 & 515 & 491 & 500 & 505 & 517 & 510 & 506 & 503 \\503 & 491 & 495 & 496 & 496 & 505 & 493 & 486 & 504 & 483 \\514 & 494 & 497 & 501 & 493 & 490 & 510 & 494 & 494 & 495 \\494 & 486 & 495 & 506 & 506 & 507 & 502 & 498 & 510 & 501 \\500 & 505 & 492 & 486 & 501 & 496 & 501 & 521 & 510 & 498\end{array}
-Referring to Scenario 3-14-B, three quarters of the bottles in this sample have a broken handle
after being used to lift the bottles for less than how many times?


Definitions:

TD Canada Trust

One of Canada's prominent banking and financial services providers, known for offering a wide range of personal and business banking solutions.

GICs

Guaranteed Investment Certificates are financial products in Canada offering an assured interest rate over an agreed-upon term.

Simple Interest

The interest calculated only on the principal amount, without the accumulation of prior interest.

Simple Interest

Interest figured only on the principal balance, or on the portion of the principal balance that is still due.

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