Question: A Quality Analyst wants to construct a control chart for determining whether errors in bank transactions are under control. She looked at samples of 1000
A Quality Analyst wants to construct a control chart for determining whether errors in bank transactions are under control. She looked at samples of 1000 transactions each week, for four weeks in a row. A transaction was considered defective, if the analyst detected any error in the transaction.
Week Total Defectives
1 50
2 27
3 15
4 35
What is the standard deviation of the sample proportions of defective transactions?
.0056 .0025 None of the other options are correct .0148 .0500
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