40 samples of size 800 were drawn from a manufacturing process and the number of defectives in each sample was counted. The mean sample proportion was .035 . The lower control limit for the p chart is:
a. 0.0350
b. 0.0155
c. 0.0505
d. 0.0545
B
You might also like to view...
Clarion Corp invested cash in a 6-month certificate of deposit (CD) on November 1, 2015 . If Clarion Corp has an accounting period that ends on December 31, 2015, when should Clarion recognize interest revenue from the CD?
a. On December 31, 2015 only b. On May 1, 2016 only c. Both December 31, 2015 and May 31, 2016 d. On the date when its income tax return is filed
FASB's Statement of Financial Accounting Concepts No. 7 specifies when fair value should be based on present value
Indicate whether the statement is true or false
Which of the following statements is true about continuous replenishment program (CRP)?
A) It is used as a tool for market segmentation. B) It reduces the cost of producing goods. C) It is a part of efficient consumer response. D) It increases inventories at the retail side.
Annual reports ________.
A) are required to be prepared by every corporation B) discuss the company's competitors and the risks related to the company's business C) are also called a Form 10-Q D) only include the company's financial statements