A machine that is supposed to fill small bottles to contain 20 milliliters yields the following data from a test of 4 bottles every hour. What would be the centerline for a control chart for xˉ ?
Bottle Volume (mL)
Sample 12345678910111213141519.920.420.020.419.919.419.819.920.220.020.320.119.519.419.520.120.020.720.119.819.419.419.820.320.320.519.919.819.819.620.220.320.420.119.619.619.620.020.120.020.119.819.719.819.620.320.320.319.919.519.719.720.020.320.220.219.719.619.419.9xˉ20.12520.25020.35020.12519.70019.52519.62519.92520.22520.12520.27519.87519.65019.40019.650 Range 0.40.40.70.50.40.30.40.20.20.30.40.40.30.40.4
Remaining Assets
Assets that are left over after certain liabilities or expenses have been deducted.
Liquidation
The process of winding up a company's affairs by selling its assets to pay off its debts.
Balance Sheet
A statement that illustrates a corporation's liabilities, assets, and shareholders' capital at a specified point in time.