Find and Interpret the Confidence Interval

question 27

Multiple Choice

Find and interpret the confidence interval.
-One division of a large defense contractor manufactures telecommunication
Equipment for the military. This division reports that 12% of non-electrical components
Are reworked. Management wants to determine if this percentage is the same as the
Percentage rework for the company's electrical components. Based on a random sample
Of 450 electrical components, they find that 46 had to be reworked. The 99% confidence
Interval is

• A) 0.0652, 0.1388
• B) 0.0432, 0.1608
• C) 0.0763, 0.1277
• D) 0.0541, 0.1499
• E) None of the above.

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Definitions:

Illegal

Refers to actions or activities that violate statutory law, regulations, or common law.

Voidable

A term used to describe a contract or transaction that, while valid, may be annulled by one of the parties to the contract.

Enforce It

The act of ensuring compliance with laws, regulations, agreements, or measures.

Withdraw

The act of removing oneself from participation in an agreement, activity, or financial arrangement, or the act of taking back an offer or statement.