In a Single-Sample Attribute Plan,which of the Following Choices Is

question 14

Multiple Choice

In a single-sample attribute plan,which of the following choices is true about the lot size (N) ,the sample size (n) ,the acceptable number of defective items in a sample (c) ,and the actual number of defective items in a sample (d) ?

• A)d ≤ c ≤ n ≤ N
• B)d ≤ c < n < N
• C)c ≤ n ≤ N;d ≤ n
• D)c < n < N;d ≤ n

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Definitions:

Negotiable Instrument

A paper that promises to pay a certain sum of money, which can be demanded at any time or paid at an agreed moment, and identifies the individual responsible for the payment.

Presentment

The act of making a demand for the drawee to pay.

Dishonored

refers to a financial instrument, like a check, being refused by the bank upon presentation for payment due to insufficient funds or other reasons.

Endorses

The act of signing the back of a check or any other document, which signifies agreement, approval, or endorsement of its contents.