Q: An Average Outgoing Quality (AOQ) is where Pa = Probability of accepting the lot p = Incoming lot quality N = Lot size n = Sample size
(a)Pa p (N)
---------
N - n
(b)Pa p (N + n)
-------------
N
(c)Pa p (N - n)
-------------
n - N
(d)Pa p (N - n)
-------------
N
Correct Answer: (d)
The correct answer is (a) 'Pa p (N) --------- N - n'. This question from the Quantitative Aptitude & Data Interpretation domain tests knowledge of Numerical Ability.