Question: 24. Calculating Consumer Risk. An acceptance sampling plan with n = 15 and c = 1 has been designed with a producers risk of .075.
24. Calculating Consumer Risk. An acceptance sampling plan with n = 15 and c = 1 has been designed with a producer’s risk of .075.
a. Was the value of p0 .01, .02, .03, .04, or .05? What does this value mean?
b. What is the consumer’s risk associated with this plan if p1 is .25?
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