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A manufacturer of chips for electronics has a production process such that 2.7% of its chips are defective. It has a contract with a customer

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A manufacturer of chips for electronics has a production process such that 2.7% of its chips are defective. It has a contract with a customer specifying that no more than 3% of the chips sold to them will be defective. Unfortunately, to test for defects the chips must be destroyed, so the customer agrees that for each batch of chips ordered, it will select 1000 to destroy and test for defects. (Orders are typically in the millions.) If more than 3% of the sample is defective, the manufacturer will have to pay a penalty. a. What is the proportion of defective chips in the population? Enter your answer as a proportion between 0 and 1, not a percentage. :] Question Heln: IVI Messaoe instructor

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