A quality control program is being developed for batteries. The percent defective for these in the past has been 3%. If a sample size of 120 is taken, what would the 99.7% upper control chart limit be?
A) 0.0812
B) 0.0767
C) 0.0611
D) 0.0307
E) 0.0471
B
Business
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Your retirement portfolio comprises 300 shares of the S&P 500 fund (SPY) and 100 shares of iShares Barclays Aggregate Bond Fund (AGG). The price of SPY is $136 and that of AGG is $97
If you expect the return on SPY to be 11% in the next year and the return on AGG to be 10%, what is the expected return for your retirement portfolio? A) 9.73% B) 8.65% C) 10.81% D) 10.27%
Business
Which statement below is FALSE?
A) "What gets measured gets managed." B) People react to measurements. C) Employees spend more attention on those variables that are not getting measured. D) "If I can't measure it, I can't manage it."
Business