You are working in a small, student-run company that sends out merchandise with university branding to alumni around the world. Every day, you take a sample of 50 shipments that are ready to be shipped to the alumni and inspect them for correctness. Across all days, the average percentage of incorrect shipments is 5 percent. What would be the upper control limit for a p-chart?a. 0b. 0.05c. 0.03082207 d. 0.142466

0.142466 would be the upper control limit for a p-chart

Solution:

Given ,

Sample of 50 shipments

Average percentage of incorrect shipments = 5%

( ESD =

        =

       = 0.03082207 ( Remove square root )

UCL = Pbar + ( 3 * ESD)

= 0.05 + (3 * 0.03082207)

= 0.14246621

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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