A manufacturer receives a lot of 100 parts from a vendor. The lot will be unacceptable if more than five of the parts are defective. The manufacturer is going to select n parts from the lot for inspection. Suppose the manufacturer decides to accept the lot if there is at most one defective in the sample. How large does n have to be to ensure that the probability that the manufacturer accepts an unacceptable lot is less than .10? Setup you equation and then use R.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.