A Bank's Manager Has Videotaped 20 Different Teller Transactions to Observe

question 11

Essay

A bank's manager has videotaped 20 different teller transactions to observe the number of mistakes being made.Ten transactions had no mistakes,five had one mistake and five had two mistakes.Compute proper control limits at the 90% confidence level.

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Definitions:

Salary

A fixed amount of money or compensation paid to an employee by an employer, typically on a regular basis, for performing their job.