An R Chart Is to Be Developed for Use

question 60

Multiple Choice

An R Chart is to be developed for use in quality control. The average of the ranges is calculated to be 0.45.The sample sizes were 9 each.What would the upper control limit be?

• A) 0.8172
• B) 0.6012
• C) 0.0828
• D) 0.1566
• E) 0.7434

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Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to shareholders.

Market Value

The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller.

Par Value

The face value of a bond or stock as stated on the certificate or charter, often used for legal capital or accounting purposes.

Cash

A form of currency that includes coins and paper notes, which is used as a medium of exchange for goods and services.