A computer graphics card manufacturer is testing an improvement to its production process. If a sample of 100 graphics cards manufactured using the new process has a less than 10% chance of having 3 or more defective graphics cards, then the manufacturer will switch to the new process. Otherwise, the manufacturer will stay with its existing process. If the probability of a defective graphics card using the new process is 0.9%, will the manufacturer switch to the new production process?
(A) Yes, because the probability of having 3 or more defective graphics cards is greater than 0.10.
(B) Yes, because the probability of having 3 or more defective graphics cards is less than 0.10.
(C) No, because the probability of having 3 or more defective graphics cards is less than 0.10.
(D) No, because the probability of having 3 or more defective graphics cards is greater than 0.10.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A computer graphics card manufacturer is testing an improvement to its production process. If a sample of 100 graphics cards manufactured ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Another term for a pre - inspection agreement is
Answers (1)
g The adjusted trial balance of Pacific Scientific Corporation on December 31, 2021, the end of the company's fiscal year, contained the following income statement items ($ in millions) : sales revenue, $2,140; cost of goods sold, $1,300;
Answers (1)
Mexico has imposed a tariff on the importation of chocolate. As a consequence of the tariff, a. Mexico as a whole is better off, since the tariff increases employment and production in the domestic chocolate industry. b.
Answers (1)
Financial accounting is the process of identifying, measuring, and communicating financial information about an economic entity to various user groups within the political, social, legal and economic environment.
Answers (1)
Dole originally aimed the fruit bowls toward moms with small children but quickly adapted once it realized on-the-go professional women were responding to the product as well.
Answers (1)
New Questions in Business
Bond Company sells inventory to its subsidiary, Esquivel Company, at a profit during 2020. If Bond uses the cost method to account for its equity investment in Esquivel, which of the following would be credited in the consolidated worksheet for 2021?
Answers (2)
Most of the time it is quite difficult to separate the three functions of money. Money performs its three functions at all times, but sometimes we can stress one in particular.
Answers (1)
The APB partnership agreement specifies that partnership net income be allocated as follows: Partner A Partner P Partner B Salary allowance 30000 10000 40000 Interest on average capital balance 10% 10% 10% Remainder 40% 40% 20% Average capital
Answers (1)
The supply curve of reserves in an economy is horizontal when: A) the federal funds rate is greater than the seasonal credit discount rate. B) the federal funds rate is less than the secondary credit discount rate.
Answers (1)
Colton took out a 3 year loan for $2075 at a computer store to be paid back with monthly payments at a 10.7% APR. If the loan offers no payments for the first 11 months, how many payments will Colton be required to make?
Answers (1)