Probability
Mike Russ
July 12, 2012Comments Off
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| Author | Posts |
|---|---|
| Author | Posts |
| July 12, 2012 at 8:15 am #183845 | |
 Mike Russ @mikeruss  Reputation - 80 Rank - Aluminum
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I have an event probability of 0.004. This is the probability that a standard line product manufactured on any given day have a chance of 0.4 % of being defective. This was calculated by using the manufacture date of 9 defective units being found. We make lot sizes of 10 or 100 units in each lot and store in inventory. The question is, what is the probability of getting a defective unit if I take one unit out of inventory (could be from lot size 10 or 100)? How we calculate this probability. |
| July 12, 2012 at 4:31 pm #183862 | |
 Gary Cone @garyacone Reputation - 1319 Rank - Silver
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Do your own homework. |
| July 12, 2012 at 7:26 pm #183863 | |
 Gomezadams @spazwhatsup Reputation - 89 Rank - Aluminum
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Hint: Try Binomial |
| July 13, 2012 at 12:14 am #183865 | |
 Prabhu V @prabhuvspj Reputation - 477 Rank - Aluminum
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Hi, According to me, confidence interval related stuff can help better in the situation. |
| July 16, 2012 at 6:50 am #183924 | |
 Niraj Goyal |
The probability if you pick just one piece of a defective is .004 whatever the lot size. There is indifference the size of Lot you pick it from. |
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