# Question: Based on careful examination of a sample of size 868

Based on careful examination of a sample of size 868 taken from 11,013 inventory items in a warehouse, you learn that 3.6% are not ready to be shipped.

a. Find the standard error associated with this estimated percentage and indicate its meaning.

b. Would you be surprised to learn that in fact 4% of the 11,013 inventory items are not ready to be shipped? Why or why not?

c. Would you be surprised to learn that in fact 10% of the 11,013 inventory items are not ready to be shipped? Why or why not?

a. Find the standard error associated with this estimated percentage and indicate its meaning.

b. Would you be surprised to learn that in fact 4% of the 11,013 inventory items are not ready to be shipped? Why or why not?

c. Would you be surprised to learn that in fact 10% of the 11,013 inventory items are not ready to be shipped? Why or why not?

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