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In this tutorial, we learn how to calculate Service Level Agreements (SLA) for both turn on time and quality. The expected SLA for turn on time is 99.50%, meaning any value above this is met; otherwise, it is missed. For quality, the expected SLA is 99%, with the same criteria for meeting expectations. The formula for turn on time is calculated as the number of transactions managed within a specific period divided by the total transactions managed during that period, multiplied by 100. The resulting turn on time percentage is 99.20%, which is below the SLA and should be marked red. For quality, the formula is the number of transactions managed without quality errors divided by the total transactions managed, resulting in a percentage of 99.10%, meeting expectations and marked green.