Asked by Nicholas Felix on Jul 03, 2024

From a sample of 400 items, 14 are found to be defective. The point estimate of the population proportion defective will be:

A) 14
B) 0.035
C) 28.57
D) 0.05
E) 0.26

Point Estimate

A single value (statistic) given as the best guess or most reasonable approximation of a population parameter based on sample data.

Population Proportion

The fraction or percentage of members in a population that exhibit a particular characteristic or attribute.

Defective Items

Goods or products that fail to meet quality standards or specifications and are not fit for their intended use.

  • Undertake the computation and clarify the test statistic for hypothesis inquiries related to a singular population mean, a singular population proportion, and the differentiation between two population means or proportions.