Consider the single sampling plan with n=10 and c=0.a. Derive a... | Filo

An n = 10, c = 2 acceptance sampling plan is being considered; assume that p0 = 0.05 and p1 = 0.20.a. Compute both the producer's and the consumer's risks for this acceptance sampling plan (to 4 decimals).At p0 = 0.05, compute P(Accept lot).Producer's Risk = At p1 = 0.20, compute P(Accept lot).Consumer's Risk = b. Would the producer, the consumer, or both be unhappy with the proposed sampling plan?c. What change in the sampling plan, if any, would you recommend?I. Increasing c would help, but re