Need help... I trying to implement the binomial calculation into the quality reports.. m bit confused on how to get the probability of success ... ex: Total Production is = 180, Audited accounts = 15, Errors identified = 3 - how do i calculate probability of success here because the direct calculation would look bad coz the trials is just 15 out of 180 and since there are 3 errors, the quality % would be 80%.... kindly help me to understand if I can implement binomial method to project quality reports
Very helpful, thank you!
You are awesome sir. Thank you.
Need help... I trying to implement the binomial calculation into the quality reports.. m bit confused on how to get the probability of success ... ex: Total Production is = 180, Audited accounts = 15, Errors identified = 3 - how do i calculate probability of success here because the direct calculation would look bad coz the trials is just 15 out of 180 and since there are 3 errors, the quality % would be 80%.... kindly help me to understand if I can implement binomial method to project quality reports