A cellular telephone manufacturer that entered the postregulation market too quickly has an initial problem with excessive

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A cellular telephone manufacturer that entered the postregulation market too quickly has an initial problem with excessive customer complaints and consequent returns of the cell phones for repair or replacement. The manufacturer wants to determine the magnitude of the problem in order to estimate its warranty liability. How many cellular telephones should the company randomly sample from its warehouse and check in order to estimate the fraction defective, p, to within .01 with 90% confidence?

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Statistics For Business And Economics

ISBN: 9781292227085

13th Global Edition

Authors: Terry Sincich James Mcclave, P. George Benson

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