What is the probability of a Type I error for a control chart with limits set at $\pm$ 3 standard deviations from the mean?
A) 0.00%
B) 0.26%
C) 4.56%
D) 20.00%
E) 50.00%

Name: What is the probability of a Type I error for a control chart with limits set at $\pm$ 3 standard deviations from the mean? A) 0.00% B) 0.26% C) 4.56% D) 20.00% E) 50.00%
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

The probability of a Type I error in a control chart with 3 standard deviation limits is approximately 0.27%, which is closest to option B (0.26%).

What Is the Probability of a Type I Error for a Control