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A company manufacturing computer chips wants to estimate the proportion of defective chips manufactured per day.A random sample of 100 chips revealed 4 defects.Assume the
A company manufacturing computer chips wants to estimate the proportion of defective chips manufactured per day.A random sample of 100 chips revealed 4 defects.Assume the conditions are satisfied.SHOW YOUR WORKINGS to four decimal places.
a) Create a 95% confidence interval.
b) Interpret your confidence interval.
c) Without calculating another confidence interval, and holding all else constant, would a 90% confidence interval be narrower, the same width or wider than your 95% confidence interval from part a)?Briefly explain.
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