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59 Using samples of 190 credit card statements, an auditor found the following: Use Table-A. Sample Number with errors 1 2 5 3 Sample 1
59 Using samples of 190 credit card statements, an auditor found the following: Use Table-A. Sample Number with errors 1 2 5 3 Sample 1 2 3 4 Click here for the Excel Data File a. Determine the fraction defective in each sample. (Round your answers to 4 decimal places.) 3 4 5 12 Fraction defective b. If the true fraction defective for this process is unknown, what is your estimate of it? (Round your answer to 1 decimal place.) Estimate % c. What is your estimate of the mean and standard deviation of the sampling distribution of fractions defective for samples of this size? (Round your intermediate calculations and final answers to 4 decimal places.)
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