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Express each conclusion clearly... A manufacturer of electronic pencils takes a sample of 1,200 pencils and finds 8 defective ones. 1. Use a 95% confidence
Express each conclusion clearly...
A manufacturer of electronic pencils takes a sample of 1,200 pencils and finds 8 defective ones.
1. Use a 95% confidence interval to determine if there is evidence to support the idea that the proportion of defectives is less than 1%. Conclude and explain what the confidence interval means.
2. If we wanted to use a single queue interval, what would it be?
3. Would it make sense to use a single queue interval? Explain.
PLEASE HELP, I NEED TO STUDY FOR MY TEST.
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