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please explain your answer well and the formulas you use 54. A random sample of 100 items from a production line revealed 17 of them
please explain your answer well and the formulas you use
54. A random sample of 100 items from a production line revealed 17 of them to be defective. Compute a 95 percent two-sided confidence interval for the probability that an item produced is defective. Determine also a 99 percent upper confidence interval for this value. What assumptions are you makingStep by Step Solution
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