Question: There are two questions, and please help me explain the answer. Looking at a sample of 1000 examples, you have found only 50 examples that

There are two questions, and please help me explain the answer.

  1. Looking at a sample of 1000 examples, you have found only 50 examples that were corrupt. In your job, you have tested dozens of data sources and are accustomed to seeing a corruption rate of 15 percent. Estimate the corruption rate for this new source.
  2. The data sources that you are currently using a corruption rate of 12.5 percent. Given that you observed, 50 corrupt examples in 1000 samples for new data sources. Would you recommend switching to this new data source.

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