Exports 2020. Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency of Malaysia, summarized the

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Exports 2020. Malaysia External Trade Development Corporation (MATRADE), the national trade promotion agency of Malaysia, summarized the country’s top 10 major export products from January to March 2020. The electrical and electronic products are shown to be the main exports at about 35.4% of the total export of RM238.68 billion (www.matrade.gov.my/en/).

Using the 68–95–99.7 Rule, describe the sampling distribution model for the proportion of electrical and electronic products among a randomly selected group of 1,200 export products. Be sure to discuss your assumptions and conditions.

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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