TABLE 17-6
The maker of a packaged candy wants to evaluate the quality of her production process. On each of 16 consecutive days, she samples 600 bags of candy and determines the number in each day's sample that she considers to be of poor quality. The data that she developed follow. 
-Referring to Table 17-6, the estimate of the proportion of poor quality bags of candy is ________.
Definitions:
Related Goods
Products or services that are either complements (used together) or substitutes (used in place of one another) affecting each other's demand.
Price-Inelastic Demand
A situation where the demand for a good or service is relatively unaffected by changes in its price.
Household Budget
a financial plan that allocates future personal income towards expenses, savings, and debt repayment.
Market Changes
Alterations or shifts in the conditions of a market, which can include changes in consumer preferences, technological advancements, or variations in supply and demand.
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