The quality controller at Isdom Manufacturing Company is responsible for approving a new production process. The process
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The quality controller at Isdom Manufacturing Company is responsible for approving a new production process. The process can be approved if more than 90% of manufactured products are good. After testing a sample of 40 products, the quality controller realizes that 3 products are defective. Can the quality controller approve the new production process at the level of significance 5%? Formulate the hypotheses and explain your results.
Related Book For
Understanding Business Ethics
ISBN: 9781506303239
3rd Edition
Authors: Peter A. Stanwick, Sarah D. Stanwick
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