[All Steps] A wine importer has the opportunity to purchase a large consignment of 1947 Chateau Lafite Rothschild wine. Because of the wine's age, some
Question: A wine importer has the opportunity to purchase a large consignment of 1947 Chateau Lafite Rothschild wine. Because of the wine's age, some of the bottles may have turned to vinegar. However, the only way to determine whether a bottle is still good is to open it and drink some. As a result, the importer has arranged with the seller to randomly select and open 25 bottles. Suppose 4 of these bottles are spoiled. Create a 95% confidence interval to estimate the percentage of the entire consignment that is spoiled.
Deliverable: Word Document 