Measures of Dispersion in Research Methodolgy or Statistics

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liz

Liz Chakrabarti
Can be used for Statistics or Research Methodolgy Project. A short understanding of the Measures of Dispersion.
 
Probability distributions

A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 28 components and accept the whole batch if there are fewer than 3 defectives. If a particular shipment of thousands of components actually has a 8% rate of defects, what is the probability that this whole shipment will be accepted?
 
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