You Have Been Given the Following Sample Information That Has

question 8

Multiple Choice

You have been given the following sample information that has been drawn from the last sample taken: Mean of the sample: 12.50
Lower control limit for the range: 0 Upper control limit for the range: 10.6
Observations: 13, 12, 8, 10, 11, 16, 17, 8, 17, 18, 20, 14 Which of the following conclusions does this data support?

• A)The process is under control.
• B)The process is not under control.
• C)The sample is within specifications.
• D)The sample is out of specification.

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Definitions:

Par

The face value of a bond or stock, representing the amount the issuer agrees to pay at maturity (for bonds) or the value attributed to a share for accounting purposes.

Market Rate

The prevailing interest rate that is available in the marketplace for loans or investments of a similar risk level and maturity.

Present Value Tables

Tables that provide the factors required to calculate the present value of future cash flows or income.

Semiannually

Occurring or payable twice each year.