13 of14 Nete A compary produces 1,000 blue crayons overy day. A sample of 50 crayons are unalyzed, anu 3 of thern are found to not meet tre standards of the company, so thcy are laboled defectivo. A simulation is run in which 50 crayons ara choson out of 1,000 so trat aach crayen chosen hes a 6% chance cf boing defective. The simulation is run 500 times, and the moan proportion of defoctvo crayons is 0. 059 vth a stondard dovation of 0.012. Bused on a popuation proportion estimute and murgin of error, is 0.07 a plausible vale for the popuation proportion of uayors that are detoctive? Explun your ruasoning. What is a good margin of error based on this simulstion? Submit
13 of14 Nete A compary produces 1,000 blue crayons overy day. A sample of 50 crayons are unalyzed, anu 3 of thern are found to not meet tre standards of the company, so thcy are laboled defectivo. A simulation is run in which 50 crayons ara choson out of 1,000 so trat aach crayen chosen hes a 6% chance cf boing defective. The simulation is run 500 times, and the moan proportion of defoctvo crayons is 0. 059 vth a stondard dovation of 0.012. Bused on a popuation proportion estimute and murgin of error, is 0.07 a plausible vale for the popuation proportion of uayors that are detoctive? Explun your ruasoning. What is a good margin of error based on this simulstion? Submit
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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A compary produces 1,000 blue crayons overy day. A sample of 50 crayons are analyzed, anu 3 of thern are found to not meet lne standards of the
company, so they are laboled defective. A simulation is run in which 50 crayons ara chosan out of 1,0C0 so that sach crayen chosen has a 6% chance çi
boing defective. The simulation is run 500 tirnes, and the mean proportion of defoctivo crayons is 0.059 vath a standard deviatlon of 0.012.
13 of 14
What is a good margin of error based on this simulation?
Based on a popuation proportion estimate and margin of
error, is 0.07 a plausible valle for the papuation
proportion of urayors that are defoctive? Explain your
reasoning.
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