Perform Run Tests on the Given Data

question 26

Essay

Perform run tests on the given data. What can you conclude? $$\begin{array} { l c } \text { Sample } & \text { Defectives } \\\hline 1 & 18 \\2 & 24 \\3 & 19 \\4 & 22 \\5 & 20 \\6 & 19 \\7 & 22 \\8 & 23 \\9 & 25 \\10 & 17 \\11 & 20 \\12 & 23 \\13 & 21 \\14 & 16\end{array}$$

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Definitions:

Capital Cost Allowance (CCA)

The deduction in the Canadian tax system for depreciation of tangible property that a business uses to generate income.

Original Cost

The initial amount of money spent to acquire an asset, before depreciation or amortization is taken into account.

Required Rate Of Return

The minimum percentage return an investor expects to receive from an investment due to its risk level.

Tax Rate

The percentage at which an individual or corporation is taxed on their income.