A firm uses acceptance sampling to evaluate batches of inputs.Ideally, the defect rate would be no more than 3.5%.The firm knows that on occasion, batches with that defect rate or better might be rejected.However, if the defect rate is less than or equal to 3.5%, the firm would like there to be very little chance of that batch being rejected.This value, 3.5%, is the firm's ______.

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The Answer of A firm uses acceptance sampling to evaluate batches of inputs.Ideally, the defect rate would be no more than 3.5%.The firm knows that on occasion, batches with that defect rate or better might be rejected.However, if the defect rate is less than or equal to 3.5%, the firm would like there to be very little chance of that batch being rejected.This value, 3.5%, is the firm's ______.

A Firm Uses Acceptance Sampling to Evaluate Batches of Inputs