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Using samples of 194 credit card statements, an auditor found the following Use Table-A Sample 1 2 3 Number with errors 4 65 4
Using samples of 194 credit card statements, an auditor found the following Use Table-A Sample 1 2 3 Number with errors 4 65 4 8 Click here for the Excel Data File a. Determine the fraction defective in each sample. (Round your answers to 4 decimal places.) Sample Fraction defective 1 2 inces 3 4 b. If the true fraction defective for this process is unknown, what is your estimate of it? (Round your answer to 1 decimal place.) Estimate,
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