A commercial for a manufacturer of household appliances claims that 3% of all its products require a
Question:
A commercial for a manufacturer of household appliances claims that 3% of all its products require a service call in the first year. A consumer protection association wants to check the claim by surveying 400 households that recently purchased one of the company’s appliances. What is the probability that more than 5% require a service call within the first year? What would you say about the commercial’s honesty if in a random sample of 400 households 5% report at least one service call?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Management And Economics Abbreviated
ISBN: 9781285869643
10th Edition
Authors: Gerald Keller
Question Posted: