Abstract: The sampling plan using the classical statistics under the exponential distribution can be applied only when there are certainty and clearness and in observations and parameters. But, in ...

Learn how acceptance sampling improves quality control by evaluating random samples. Discover its methods, benefits, and historical significance in manufacturing.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J. Brock is a CFA and CPA with more ...

Abstract: With the rapid development of Internet of Things, more and more sensing modalities are being integrated into single small devices. The data throughput, however, is always limited due to ...