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Answer the following questions as required (10 Points Each) Q1. If you are able to select at least 30 sample items from a large lot,
Answer the following questions as required (10 Points Each) Q1. If you are able to select at least 30 sample items from a large lot, provide step-by-step procedure as to how you will determine if the quality of the lot is acceptable or not if the target value is T. Use the necessary equations to support your procedure. Q2. You select a sample consisting of 10 items from a lot of size N. You measure the sample mean and the standard deviation. The precision is an important consideration. Describe how you will quantify the precision of the lot with 95% confidence? Q3. A test engineer is investigating the differences in the accuracy and the precision of two test equipment A and B. Describe how you will determine if there are enough evidence that the accuracies and precisions are significantly different at the 95% confidence level
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