I'm Statisically Challenged! Will anyone help?
I have a question, and since I don't know much about statistics...I don't have a clue how difficult it is to answer. Here goes:
Example:
One Lot of 80 parts
I am told that each part has a 7% chance of not meeting spec (as opposed to 7% of the Lot).
I am thinking that the overall accuracy % isn't 93% per lot as has been stated, but do not know if I am right, so before I open mouth and insert foot with the folks saying this...Can/Will anyone help with what the true accuracy would be? and Why?
Thanks in advance for any effort to help!
Eileen
Wall
I have a question, and since I don't know much about statistics...I don't have a clue how difficult it is to answer. Here goes:
Example:
One Lot of 80 parts
I am told that each part has a 7% chance of not meeting spec (as opposed to 7% of the Lot).
I am thinking that the overall accuracy % isn't 93% per lot as has been stated, but do not know if I am right, so before I open mouth and insert foot with the folks saying this...Can/Will anyone help with what the true accuracy would be? and Why?
Thanks in advance for any effort to help!
Eileen

