Question: Question 1 Below given the OC curve with sample size, identify consumer's and producer's risk. The maximum and minimum acceptable quality level for the

Question 1 Below given the OC curve with sample size, identify consumer's and producer's risk. The maximum and minimum acceptable quality level for the company are defined as 0.04. How the value of risk can be reduced? In case of no risk, what would be the form of OC curve. 1.0 0.9 0.8 0.7 0.6 Pa 0.5 0.4 0.3 0.2 0.1 0.0 Probability of Acceptance, Pa 0.00 n=89, c-2 0.02 0.04 0.08 Lot fraction defective, p 0.06 0.10

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