Question: A production manager is interested in determining the proportion of defective items in a typical shipment of one of the computer components that her company

A production manager is interested in determining the proportion of defective items in a typical shipment of one of the computer components that her company manufactures. The proportion of defective components is recorded for each of 250 randomly selected shipments collected during a one-month period. The data are in the file P05_47.xlsx. Use @RISK to determine which probability best fits these data.

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Document Format (1 attachment)

415-M-S-P (1138).xlsx

300 KBs Excel File

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