Suppose That and R Charts Are Based on Subgroups $\pm$

question 31

Multiple Choice

Suppose that and R charts are based on subgroups of size four are being used to monitor the tire diameter size of a new radial tire manufactured by a tire company.The and R charts are found to be in statistical control with inches.A histogram of the tire diameter measurements indicates that distribution of these measurements is approximately normally distributed. If the tire diameter specifications are 50 inches $\pm$ 1 inch,is the process capable of meeting the specifications?

• A)Yes
• B)No

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Definitions:

Consumer Equilibrium

A state where the allocation of resources by consumers results in the maximization of their utility, with no incentive to change their consumption pattern.

Utility

In economics, it refers to the satisfaction or benefit derived by consumers from consuming goods and services.

Income

The monetary payment received for work or through investments, including wages, salaries, or dividends.

Consumer Equilibrium

A condition where a consumer has allocated their income in a way that maximizes their utility, given their budget constraints and the prices of goods and services.