An internal report from a manufacturing company indicated that about 3% of all products were defective. Data

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An internal report from a manufacturing company indicated that about 3% of all products were defective. Data from one batch found only 4 defective products out of 233 products. Is this consistent with the report? Test an appropriate hypothesis using a 5% significance level. Also calculate a confidence interval and state your conclusion. Be sure the appropriate assumptions and conditions are satisfied before you proceed.

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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