A producer of pocket calculators purchases the main processor chips in lots of1,000. The producer would like to have a 1 percent rate of defectives but willnormally not refuse a lot unless it has 4 percent or more defectives. Samples of50 are drawn from each lot, and the lot is rejected if more than two defectives arefound.b. Compute A and B Use the Poisson approximation for your calculations
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A producer of pocket calculators purchases the main processor chips in lots of
1,000. The producer would like to have a 1 percent rate of defectives but will
normally not refuse a lot unless it has 4 percent or more defectives. Samples of
50 are drawn from each lot, and the lot is rejected if more than two defectives are
found.
b. Compute A and B Use the Poisson approximation for your calculations
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