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Schadek Silkscreen Printing, Inc., purchases plastic cups on which to print logos for sporting events, proms, birthdays, and other special occasions. Zack Schadek, the owner,
Schadek Silkscreen Printing, Inc., purchases plastic cups on which to print logos for sporting events, proms, birthdays, and other special occasions. Zack Schadek, the owner, received a large shipment this morning. To ensure the quality of the shipment, he selected a random sample of 530 cups. He found 22 to be defective. a. What is the estimated proportion defective in the population? (Round the final answer to 3 decimal places.) Estimated proportion defective 0.042 b. What are the endpoints of a 90% confidence interval for the proportion defective. (Round the final answers to 3 decimal places.) Endpoints c. Zack has an agreement with his supplier that he is to return lots that are 10% or more defective. Should he return this lot? No, lot not 10% defective.Furniture Land surveyed 680 consumers and found that 458 were enthusiastic about a new home decor it plans to show in its store in High Point. Construct the 99% confidence interval for the population proportion. (Round the nal answers to 3 decimal places} Confidence interval for the population proportion is and |_ A gift shop advertises thatthey stock 520 items that a e priced under $50. A sample of Fortyfive items are randomly selected and the sample mean price is $40, with a sample standard deviation of 7. Develop a 98% confidence interval for the population mean price. (Round the final answers to 2 decimal places} The confidence interval is between | | and
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