A Fastener Company Produces Bolts with a Nominal (Target)length of 2.00

question 114

Multiple Choice

A fastener company produces bolts with a nominal (target) length of 2.00 inches.The specifications are 2.00 $\pm$ .006 inches. If the process mean is 2.001 and the process standard deviation is .0016,determine the estimated standard deviations of leeway for this process.

• A).0016
• B).0048
• C)1.375
• D).125

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Definitions:

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument is due to be paid in full.

Yield

The income return on an investment, such as the interest or dividends received from holding a particular security.

Annually Compounded

The process where interest is added to the principal sum of a loan or deposit once a year.

Rate of Return

The increase or decrease in the value of an investment during a set timeframe, shown as a percentage of the investment's starting price.