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A quality-conscious disk manufacturer wishes to know the fraction of disks his company makes which are defective. Step1of2: Suppose a sample of 1067 floppy disks

A quality-conscious disk manufacturer wishes to know the fraction of disks his company makes which are defective.

Step1of2:

Suppose a sample of 1067 floppy disks is drawn. Of these disks, 74were defective. Using the data, estimate the proportion of disks which are defective. Enter your answer as a fraction or a decimal number rounded to three decimal places.

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