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(A) Determine a 95% confidence interval for the proportion defective for the process today.
(B) Based on your answer to (A), is it still reasonable to think the overall proportion defective produced by today's process is actually the targeted 4%? Explain your reasoning.
(C) The confidence interval in (A) is based on the assumption of a large sample size. Is this sample size sufficiently large in this example? Explain how you arrived at your answer.
(D) How many units would have to be sampled to be 95% confident that you can estimate the fraction of defective parts within 2% (using the information from today's sample)?
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