N is the population size for a hypergeometric distribution. In terms of acceptance sampling, N is the lot size. K is the number of items in the category of interest in the population. In terms of ...
A standard problem of hypothesis testing and quality control requires a sampling plan for which the OC is at least 1-α 0 if a parameter Θ assumes the value θ 0 and is no more than β 1 if $\theta ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...
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