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Acceptance sampling definition

Question
What is the definition of "acceptance sampling"? 
Answer
Acceptance sampling is the selection of a portion of a lot of products for inspection in order to decide whether or not to accept that entire lot.

Acceptance sampling is generally based on a statistical analysis to derive a threshold maximum number of defects allowed before an entire lot is rejected. Lots of bulk material will typically have pass/fail criteria. 
Brain Trust contributor: Author of Instant Profits: Making Your Business Pay
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