Distinguish between average outgoing quality and acceptable, Basic Statistics

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Distinguish between average outgoing quality and acceptable

1. Distinguish between average outgoing quality and acceptable quality level. Explain the meaning and importance of the average outgoing quality limit.

2. If you were interested in protection for acceptance of a single lot from a vendor with whom you do not expect to conduct much business, what criteria would you select and why?

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Basic Statistics: Distinguish between average outgoing quality and acceptable

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