Topic: Checking for Quality
Scenario: A venture capitalist has just given you several million dollars to develop your dream product! Explain in detail what this product is and why people would buy it. (Think Steve Jobs and the iPhone – did people really think we needed “smartphones” back in 2007?)
Main Post: Now your dream product has gone into production and the manager is asking you, as the statistical expert, to use statistical methods to ensure quality control. See Example and DB starter video in Unit 10 LiveBinder.
1. You will generate a random dataset of N samples of defective proportions by completing the following steps:
a) You will start with a random number by combining the last 2 digits of the year in which you were born plus the day of the month in which you were born. For example
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