The Number of Defectives in 10 Different Samples of 50

question 11

Multiple Choice

The number of defectives in 10 different samples of 50 observations each is the following: 5, 1, 1, 2, 3, 3, 1, 4, 2, 3. What is the estimate of the population proportion of defectives?

• A) .25
• B) .50
• C) .05
• D) .42

---

Definitions:

Accounting Numbers

Quantitative data concerning financial transactions, reflecting a company's financial performance and position.

Decision Monitoring

The process of overseeing and evaluating the effectiveness of decisions made within an organization.

Audit Committee

A subset of a company's board of directors responsible for overseeing financial reporting and disclosure.

Agency Costs

Expenses related to resolving conflicts of interest between company managers and shareholders.