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CORRELATION COEFFICIENT

Forums › ACCA Forums › ACCA MA Management Accounting Forums › CORRELATION COEFFICIENT

Viewing 4 posts - 1 through 4 (of 4 total)
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  • June 12, 2010 at 2:13 pm #44642
    Avatarkalakola
    Member
    • Topics: 15
    • Replies: 6
    • ☆

    A firm manufactures a product in batch of 2500. output is classified as premium quality, standard quality or REJECTS. the folling probabilities have been calculated for the outputs
    GRADE PROBABILITY

    PREMIUM 0.5
    STANDARD 0.4

    How many REJECTED products are expected from each batch?

    .

    i can’t understand
    SOMEBODY CAN ANSWER THIS QUESTION?

    June 13, 2010 at 10:37 am #64001
    AvatarAnonymous
    Inactive
    • Topics: 0
    • Replies: 4
    • ☆

    2500 Total Batch.
    Grade Premium Probability Is 0.5 Or 50% is 1250
    Grade Standard Probability is 0.4 or 40% is 1000
    remaining Probability Of 0.1 Or 10% Is REJECT Batch Of Output Which is 250.. I Hope u Understand now

    June 13, 2010 at 2:26 pm #64002
    Avatarkalakola
    Member
    • Topics: 15
    • Replies: 6
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    hey hans007s , thanks you so much . ya i can’t understand .thanks again

    June 14, 2010 at 3:11 pm #64003
    Avatarkalakola
    Member
    • Topics: 15
    • Replies: 6
    • ☆

    hello
    typing error above ! ya i understand. thanzz hans007

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