Discuss the two incorrect conclusions that can be made when using acceptance sampling.

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The Answer is The two incorrect conclusions are to reject a lot of good product and to accept a lot of defective product. The chance of rejecting a lot of good product is called the producer's risk or a type I error, and is usually set at 5 percent. The chance of accepting a defective lot is called consumer's risk or a type II error, and is usually set at 10 percent.

Discuss the Two Incorrect Conclusions That Can Be Made When