Of 1,000 customers, 200 had payments greater than 30 days last month. This month, there are 1,100
Question:
a. Estimate the fraction late for last month and this month.
b. Construct a 90% confidence interval on the difference in the percentage of late payments.
c. What can you conclude?
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Related Book For
Managing Controlling and Improving Quality
ISBN: 978-0471697916
1st edition
Authors: Douglas C. Montgomery, Cheryl L. Jennings, Michele E. Pfund
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