The manufacturer of Ice Melt claims that its product will melt snow and ice at temperatures as
Question:
a. How many bags does the representative need to test? What assumption should be made concerning the population proportion? (This is called destructive testing; i.e., the product being tested is destroyed by the test and is then unavailable to be sold.)
b. Suppose that the representative tests 50 bags, and 42 of them do the job as claimed. Construct a 95% confidence interval estimate for the population proportion that will do the job as claimed.
c. How can the representative use the results of (b) to determine whether to sell the Ice Melt product?
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Related Book For
Basic Business Statistics Concepts And Applications
ISBN: 9780132168380
12th Edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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