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Author Question: The procurement manager for a large company wishes to estimate the proportion of parts from a ... (Read 55 times)

bio_gurl

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on: Jun 24, 2018
The procurement manager for a large company wishes to estimate the proportion of parts from a supplier that are defective. She has selected a random sample of n = 200 incoming parts and has found 11 to be defective.
 
  Based on a 95 percent confidence level, the upper and lower limits for the confidence interval estimate are approximately 0.0234 to 0.0866. Indicate whether the statement is true or false

Question 2

What is the terminal value when the market potential is large?
 
  A) 1,955
  B) 3,455
  C) (445)
  D) (250)


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HandsomeMarc

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


bio_gurl

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

olderstudent

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Reply 3 on: Yesterday
:D TYSM

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