From a Sample of 500 Items, 30 Were Found to Be

question 8

Short Answer

From a sample of 500 items, 30 were found to be defective. The point estimate of the population proportion defective will be: $\begin{array}{|l|l|}\hline A&\text {0.06 }\\\hline B&\text { 30.0}\\\hline C&\text {16.667 }\\\hline D&\text { None of these choices are correct.}\\\hline\end{array}$

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Definitions:

Common Stock

A form of corporate equity ownership, a type of security representing an ownership interest in a corporation.

Revised Act

An amended version of legislation that incorporates changes and updates to the original act.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of stock at a set price on or before a specified date.

Compensation Plans

A system of payment or rewards offered by an employer to its employees for their work or performance.