A factory produces a component used in manufacturing computers, each of which is tested prior to shipment to determine whether or not it is defective. In a random sample of 300 units, 12 were found to be defective. Estimate, with 99% confidence, the true proportion of defective components produced by this factory.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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a)
A factory produces a component used in manufacturing computers, each of which is tested
prior to shipment to determine whether or not it is defective. In a random sample of 300
units, 12 were found to be defective.
Estimate, with 99% confidence, the true proportion of defective components produced by
this factory.
Transcribed Image Text:a) A factory produces a component used in manufacturing computers, each of which is tested prior to shipment to determine whether or not it is defective. In a random sample of 300 units, 12 were found to be defective. Estimate, with 99% confidence, the true proportion of defective components produced by this factory.
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