HighTech Inc. randomly tests its employees about company policies. Last year, in the 400 random tests conducted,
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HighTech Inc. randomly tests its employees about company policies. Last year, in the 400 random tests conducted, 14 employees failed the test. Develop a 99% confidence interval for the proportion of applicants that fail the test. Would it be reasonable to conclude that 5% of the employees cannot pass the company policy test? Explain.
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Related Book For
Basic Statistics For Business And Economics
ISBN: 9781260187502
9th Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen
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