Find lower control limits for the appropriate control chart
Solve the below problem:
Q: A random sample of 100 bicycles reveals that the bicycles had 232 defects. What are the 99.7% upper and lower control limits for the appropriate control chart?
If a bicycle had 7 defects, what action would be taken?
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A random sample of 100 bicycles reveals that the bicycles had 232 defects. What are the 99.7% upper and lower control limits for the appropriate control chart?
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Assume that the liquidity premium (LP) on the corporate bond is 0.4%. How does one calculate the default rsik premium (DRP)?
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