The following IQ data has been obtained for 11 incoming graduate students: 120, 130, 132, 139, 160, 115, 120, 142, 148, 120, 141 Find each of the following statistics: 
Definitions:
Percent Defective
Percent Defective is a quality metric that represents the percentage of units in a batch that are not meeting the required standards or specifications.
Acceptance Sampling
A statistical quality control method used to decide whether to accept or reject a lot of products by inspecting a random sample rather than the entire batch.
Capable
The quality of being able to achieve a specified task or outcome efficiently and effectively.
Consumer's Risk
The probability of accepting a defective product or service because the inspection or test fails to detect the flaw.
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