FRQ #2: A certain company makes three grades (A, B, and C) of aparticular electrical component. Historically, grade A components have a 2percent defective rate, grade B components have a 5 percent defectiverate, and grade C components have a 10 percent defective rate. Sincegrade A components are less likely to be defective, the company cancharge more money for those components than it can charge for the gradeB or C components. Similarly, the company can charge more money forgrade B components than it can charge for grade C components.Recently, the company found a batch ofcomponents in a warehouse that were known to be of the same grade, butthe grade was not labeled on the components. To determine the grade (A,B, or C), the company selected from that batch a random sample of 200components, which contained 16 defective components.a) Construct and interpret a95 percent confidence interval for the proportion of defective componentsin the batch.b)Does the interval calculated in part (a) allow the company to clearlydetermine the grade of component that was produced in the batch?Explain.

The given data is as follows:Sample size, Number of defective components, Confidence level,

Answered: FRQ #2: A certain company makes three…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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