Which of the following is TRUE regarding the average outgoing quality level?
A) An AOQ value of 1 is ideal, because all defects have been removed.
B) AOQ is always greater than AQL but less than LTPD.
C) AOQ rises (worsens) following inspection of failed lots.
D) AOQ is very low (very good) for extremely poor quality lots.
E) None of the above is true.
D
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When the market value of debt is the same as its par value, it is:?
A. ?refinanced at a lower interest rate. B. a par bond selling at its face value? C. ?issued at a premium D. ?repaid at the maturity date E. ?selling at a discount
What is the most common measure of variability?
a.Range b.Standard deviation c.Variance d.Mean deviation
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Indicate whether the statement is true or false