Lower control limit


The defect rate for data entry of insurance claims 1.5%. What if the sample size used were 50, with 3 sigma? What if the sample size used were 100, with 2 sigma? What if the sample size used were 50, with 2 sigma? What happens to sigma ^p when the sample size is larger? Explain why the lower control limit cannot be less than 0.

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Basic Statistics: Lower control limit
Reference No:- TGS0742673

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