9.20 In conducting an inventory and audit of parts in a certain stockroom, it was found that,...

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9.20 In conducting an inventory and audit of parts in a certain stockroom, it was found that, for 60 items sampled, the audit value exceeded the book value on 45 items. Estimate, with confidence coefficient 0.90, the true fraction of items in the stockroom for which the audit value exceeds the book value.

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Probability And Statistics For Engineers

ISBN: 9781133006909

5th Edition

Authors: Richard L Scheaffer, Madhuri Mulekar, James T McClave, Cecie Starr

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