Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ATA contains Part Quality data of three Suppliers. At = 0.05, does Part Quality depend on Supplier, or should the cheapest Supplier be chosen? Data

ATA contains Part Quality data of three Suppliers. At = 0.05, does Part Quality depend on Supplier, or should the cheapest Supplier be chosen?

Data

Part Quality
Supplier Good Minor Defect Major Defect
A 100 5 8
B 160 22 4
C 150 7 11

Answers

options:

The assumption of independence of Part Quality and Supplier cannot be rejected. Choose the cheapest Supplier.
Pvalue of 0.039 rejects the assumption of independence of Part Quality and Supplier. Further supplier evaluation is recommended.
None of the answers fit the data.
Pvalue of 0.008 rejects the assumption of independence of Part Quality and Supplier. Further supplier evaluation is recommended.
Pvalue of 0.0008 rejects the assumption of independence of Part Quality and Supplier. Further supplier evaluation is recommended.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of strategic management

Authors: Charles w. l. hill, Gareth r. Jones

3rd Edition

1111525196, 978-1111525194

More Books

Students also viewed these General Management questions

Question

What is portfolio investment?

Answered: 1 week ago