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Management Is Concerned That Workers Create More Product Defects at the Very

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Essay

Management is concerned that workers create more product defects at the very beginning and end of a work shift than at other times of their eight hour workday. Construct a scatter diagram with the following data, collected last week. Is management justified in its belief?
 Number of Defects  Monday  Tuesday  Wednesday  Thursday  Friday  First hour at work 129687 Second hour at work 65345 Third hour at work 52433 Fourth hour at work 40523 Fifth hour at work 16245 Sixth hour at work 43321 Seventh hour at work 74463 Eighth hour at work 57859\begin{array} { | l | l | l | l | l | l | } \hline & { \text { Number of Defects } } \\\hline & \text { Monday } & \text { Tuesday } & \text { Wednesday } & \text { Thursday } & \text { Friday } \\\hline \text { First hour at work } & 12 & 9 & 6 & 8 & 7 \\\hline \text { Second hour at work } & 6 & 5 & 3 & 4 & 5 \\\hline \text { Third hour at work } & 5 & 2 & 4 & 3 & 3 \\\hline \text { Fourth hour at work } & 4 & 0 & 5 & 2 & 3 \\\hline \text { Fifth hour at work } & 1 & 6 & 2 & 4 & 5 \\\hline \text { Sixth hour at work } & 4 & 3 & 3 & 2 & 1 \\\hline \text { Seventh hour at work } & 7 & 4 & 4 & 6 & 3 \\\hline \text { Eighth hour at work } & 5 & 7 & 8 & 5 & 9 \\\hline\end{array}


Definitions:

Federal Tax Rates

The percentages at which income, corporate profits, and other types of earnings are taxed by the federal government.

Interest Rate

The cost of borrowing money or the return on investment, typically expressed as a percentage of the principal amount.

Credit Risk

The chance of incurring a loss due to a borrower's inability to pay back a loan or fulfill agreed-upon terms.

Interest Rate

The rate of a loan that is attributed as interest for the borrower, often presented as an annual percentage of the outstanding amount of the loan.

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