Register

CAT 1996 | Question: 104

• edited by
1,120 views
–1 –1 vote

Use the following data:

A manufacturer can choose from any of the three types of tests available for checking the quality of his product. The graph gives the relative costs for each of these tests for a given percentage of defective pieces.

When is Test-$1$ feasible?

  1. $P < 0.05$ 
  2. $0.0 < p < 0.2$ 
  3. $0.1 < p < 0.2$ 
  4. $0.05$ to $0.2$

Please log in or register to answer this question.

Voting & Accepting an answer helps improve the community
← PreviousNext →
← Previous in categoryNext in category →

Related questions

–1 –1 vote
0 0 answers
1.1k
1.1k views
Misbah Ghaya asked Jul 16, 2017
1,128 views
CAT 1996 | Question: 105
Use the following data:A manufacturer can choose from any of the three types of tests available for checking the quality of his product. The graph gives the relative cost...
–1 –1 vote
0 0 answers
1.2k
1.2k views
Misbah Ghaya asked Jul 16, 2017
1,228 views
CAT 1996 | Question: 103
use the following data:A manufacturer can choose from any of the three types of tests available for checking the quality of his product. The graph gives the relative cost...
–1 –1 vote
0 0 answers
1.6k
1.6k views
Misbah Ghaya asked Jul 16, 2017
1,613 views
CAT 1996 | Question: 102
use the following data:A manufacturer can choose from any of the three types of tests available for checking the quality of his product. The graph gives the relative cost...
0 0 votes
1 1 answer
3.4k
3.4k views
Misbah Ghaya asked Jul 16, 2017
3,404 views
CAT 1996 | Question: 101
use the following data:A manufacturer can choose from any of the three types of tests available for checking the quality of his product. The graph gives the relative cost...
2 2 votes
2 2 answers
3.0k
3.0k views
Misbah Ghaya asked Jul 21, 2017
3,039 views
CAT 1996 | Question: 175
The first table gives the percentage of students in the class of M.B.A who sought employment in the areas of Finance, Marketing and Software. The second table given the a...