Furniture manufacturing companies often deal with the quality of the drilling of dowel holes. Consider the case of Company X, which believes that when the drilling process is operating at an acceptable rate, the upper limit on the percentage of incorrectly drilled dowel holes is 8%. To monitor its drilling process, the company randomly samples 12 products each hour and determines if the dowel hole in each product is correctly drilled or not. If, in the sample of 12 holes, 1 or more incorrectly drilled holes is discovered, the production process is stopped and the drilling process is recalibrated. Use this information to complete parts a through c.
a. If the process is really operating correctly (p=0.08), what is the probability that the sampling effort will produce x=0 defective holes and thus the process will properly be left to continue running? _________ (Round 4 decimal places as needed.)
Furniture manufacturing companies often deal with the quality of the drilling of dowel holes. Consider the...
Risk management in Information Security today Everyday information security professionals are bombarded with marketing messages around risk and threat management, fostering an environment in which objectives seem clear: manage risk, manage threat, stop attacks, identify attackers. These objectives aren't wrong, but they are fundamentally misleading.In this session we'll examine the state of the information security industry in order to understand how the current climate fails to address the true needs of the business. We'll use those lessons as a foundation...