What four elements determine the value of average outgoing quality?

What will be an ideal response?


The four elements are the true percentage defective of the lot, the probability of accepting the lot for a given sample size and quantity defective, the number of items in the lot, and the number of items in the sample.

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If a seller wishes to be relieved of the responsibility for implied warranties, the sales contract must clearly provide that the parties did not intend the implied warranties to become part of the contract.

Answer the following statement true (T) or false (F)

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Opinion is generally a valid defense in a defamation lawsuit because it is not meant to be a factual statement

a. True b. False Indicate whether the statement is true or false

Business

A leading bank is coming up with an investment that pays 8 percent interest compounded semiannually. What is the investment's effective annual rate (rEAR)? Use a financial calculator to determine the amount.

A. 8.16% B. 8.36% C. 8.56% D. 8.76% E. 8.96%

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______ leaders are uncaring or unkind, ignoring or downplaying the needs, wants, and wishes of followers.

A. Callous B. Rigid C. Abusive D. Tyrannical

Business