[Solution] One division of a large defense contractor manufactures telecommunication equipment for the military. This division reports that 15% of non-electrical
Question: One division of a large defense contractor manufactures telecommunication equipment for the military. This division reports that 15% of non-electrical components are reworked. Management is questioning this and selected a simple random sample of 450 electrical components. It found that 46 of them had to be reworked.
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Find a 99% confidence interval for the proportion of electrical components that need to
be reworked. (10 pts) - Is the division’s report consistent with this estimate? Answer the two questions by
answering TRUE or FALSE in each case. (2.5 pts each)
TRUE or FALSE: The division’s report of 15% is inside the confidence interval.
TRUE or FALSE: Therefore, the division’s report is consistent with expectations.
Deliverable: Word Document 