Question: A new process you developed needs to be stopped on average 3 times per 1 0 - day period due to a quality control issue.

A new process you developed needs to be stopped on average 3 times per 10-day period due to a quality control issue. a. What is the probability that your process will need to be stopped more than 150 times during a year? (Assume that it is not a leap year.) b. What is the probability that if your process has just restarted after a stop, the next quality control problem will only occur after 5 days? c. The process that is currently used as the industry standard process had 151 quality control stops in the previous year. Do you think your process is better than the current standard one? Why?

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