(Solved) A random sample of 50 units is drawn from a production process every half hour. The fraction of non-conforming product manufactured is 0.02. What
Question:
A random sample of 50 units is drawn from a production process every half hour. The fraction of non-conforming product manufactured is 0.02. What is the probability that \(\hat{p}\le 0.04\) if the fraction nonconforming really is 0.02?
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