Samples of 100 Checks Each Were Taken at a Bank

question 18

Multiple Choice

Samples of 100 checks each were taken at a bank from an encoding machine (which records the amount of a check) over a five-day period.Details are summarized in the Table 6.3.If the bank were to use the average proportion defective from these five samples as the central line for a process control chart,what would be the central line?

• A) less than or equal to 0.01
• B) greater than 0.01 but less than or equal to 0.02
• C) greater than 0.02 but less than or equal to 0.03
• D) greater than 0.03

---

Definitions:

Retroactive Interference

The phenomenon where newly learned information interferes with the recall of previously learned information.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, known also as the "I-knew-it-all-along" phenomenon.

Distributed Practice

A learning strategy that involves spreading out study sessions over time, rather than engaging in one long session.

Multiple Examples

The use of several instances or scenarios to illustrate a concept or to teach a lesson, enhancing understanding.