What is the population under consideration in the data set? B.What parameter is being estimated? C. What is the point estimate for the parameter?

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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As part of a quality control process for computer chips, an engineer at a factory randomly samples 212 chips during a week of production to test the current rate of chips with severe defects. She finds that 50 of the chips are defective. A. What is the population under consideration in the data set? B.What parameter is being estimated? C. What is the point estimate for the parameter? D. The historical rate of defects at the factory is 10%. If this is still the rate of defects, describe the sampling distribution of sample proportions of defective chips. Be sure to check the appropriate conditions and include the shape, center, spread, and a well-labeled sketch of the sampling distribution. E. Based on your sketch from Part (D) and the point estimate you found in Part (C), do you think the rate of defects is still 10%? Why or why not?
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