You take a random sample of 100 pins from the lot supplied by the vendor and test

Question:

You take a random sample of 100 pins from the lot supplied by the vendor and test them. You find 8 of them defective. What is the 95% confidence interval for percentage defective in the lot?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

See More Books

Question Posted: Jun 03, 2015 05:57 AM

See More Questions

A credit card company takes a random sample of 100 cardholders to see how much they charged on their card last month. Here's a histogram. A computer program found that the resulting 95% confidence...
A random sample of 100 births has 48 male babies. Is this result significant at the 0.05 level? What is the P-value for this result? Assume that male births and female births are equally likely. The...
A random sample of 100 births has 45 male babies. Is this result significant at the 0.01 level? What is the P-value for this result? Assume that male births and female births are equally likely. The...
If a price ceiling or price floor existed where you lived, would you be willing to purchase products on the black market? What would you identify as a consequence to engaging in transactions on the...
Suppose that in Problem 3 a sewing machine is introduced that enables Helen to sew 8 dresses per hour rather than only 4. (L03) a. Show how this development shifts her production possibilities curve....
Presented below are a number of balance sheet items for Montoya, Inc. for the current year, 2020. Instructions Prepare a classified balance sheet in good form. Common stock authorized was 400,000...
Calculate the median for each of the following sets of data: a. 2, 2, 3, 4, 6, 9,9 b. 7, 7, 8, 12, 13, 14, 17, 21, 23 c. 11, 6, 3, 14, 12, 15, 8, 10, 7 d. 9, 6, 7, 5, 8, 7, 8, 9, 10, 8, 7 e. 10, 13,...
One ton of liquid water at 80°C is brought into a well-insulated and well-sealed 4-m x 5-m x 7-m room initially at 22°C and 100 kPa. Assuming constant specific heats for both air and water at...
Suppose you have $1,000.00 and face two alternatives: 1. Put the money in an interest-bearing account that pays 0.5% monthly. This account is secured against bank failure. 2. Hold the money in cash....
Suppose the hypothetical processor of Figure 1.3 also has two I/O instructions: 0011 = Load AC from I/O 0111 = Store AC to I/O In these cases, the 12-bit address identifies a particular external...
A wine importer needs to report the average percentage of alcohol in bottles of French wine. From experience with previous kinds of wine, the importer believes the population standard deviation is...
A statistician estimates the 90% confidence interval for the mean of a normally distributed population as 172.58 3.74 at the end of a sampling experiment, assuming a known population standard...
Central to the operation of a photocopy machine (see Section 16.2) is a drum coated with a photoconductor-a semiconductor that is a good insulator in the dark but allows charge to flow freely when...
An insurance company states that the probability that a particular car will be involved in a car crash this year is 0.6 and the probability that the car will not be involved in a car crash this year...
The position of a particle undergoing simple harmonic motion is given by $x(t)=20 \cos (8 \pi t)$, where $x$ is in millimeters and $t$ is in seconds. For this motion, what are the (a)...
Starware Software was founded last year to develop software for gaming applications. Initially, the founder invested $$900,000$ and received 11 million shares of stock. Starware now needs to raise...
In a recent year, the total numbers of deaths in the United States due to either accidents or pneumonia were approximately equal. Therefore, the risks of death by accident and pneumonia per 100,000...
Sunnyfield Industries will lease a new rock crusher for $30,000 per year for 5 years, paid at the end of each year. These lease terms are consistent with an annual interest rate of 6%. How will the...
A researcher believes there is risk between the strain of human papillomavirus (HPV) infection and the risk of cervical cell abnormalities. Write an appropriate null hypothesis.
Eleni Cabinet Company sold 2,200 cabinets during 2011 at $160 per cabinet. Its beginning inventory on January 1 was 130 cabinets at $56. Purchases made during the year were as follows: February . 225...
Sandra Bullock was the last woman to win an Oscar for Best Actress and Jeff Bridges was the last man to win for Best Actor. At the time of the awards ceremony, Sandra Bullock was 45 years of age and...
Scores on the SAT test have a mean of 1518 and a standard deviation of 325. Scores on the ACT test have a mean of 21.1 and a standard deviation of 4.8. Which is relatively better: a score of 1490 on...
Based on Data Set 1 in Appendix B, males have red blood cell counts with a mean of 5.072 and a standard deviation of 0.395, while females have red blood cell counts with a mean of 4.577 and a...
How does PostgreSQL handle JSON and JSONB data types, and what are the benefits and trade-offs compared to traditional relational data modeling, especially in scenarios involving complex or...
Linux - choose how you will manage your software install packages? Analyse some advantages of using a package manager to manage software?
A firm produces output according to the production function Q = K1/2 1/2. The demand schedule for the output is P= 20 - Q. If K is fixed at 4 units, what is this firm's short-run demand curve for...

You take a random sample of 100 pins from the lot supplied by the vendor and test

Question:

Step by Step Answer:

95 CI 00268 01332 Template Estimating Proport...View the full answer

Complete Business Statistics

Students also viewed these Statistics questions