In a Random Sample of 562 Items Produced by a Machine,the

question 42

Short Answer

In a random sample of 562 items produced by a machine,the quality control staff found 6.6% to be defective.Based on this sample,the 95% confidence interval for the proportion of defective items in all items produced by this machine,rounded to four decimal places,is:

---

Definitions:

Raw Materials Inventory

Items and components stored by a company that will be used in the production or manufacturing process to create finished goods.

Making Products

Turning raw materials, components, or parts into completed products that fulfill a customer's demands or specifications is the process involved.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including cost of materials and labor.

Finished Goods

Items that are fully manufactured but remain unsold to consumers.