From the Sample Statistics, Find the Value Of $\bar{ p}$ Used to Test the Hypothesis That the Population Proportions Are

question 66

Multiple Choice

From the sample statistics, find the value of $\bar{ p}$ used to test the hypothesis that the population proportions are equal
-A computer manufacturer randomly selects 2140 of its computers for quality assurance and finds that 2.76% of these computers are found to be defective.

• A)57
• B)62
• C)64
• D)59

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Definitions:

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, that lenders charge borrowers for the use of their funds.

Product Defect

A flaw or imperfection in a product that fails to meet a certain standard or expectation, which can lead to unsatisfaction, returns, or safety concerns.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

High Credit Risk

Indicates a borrower who presents a higher chance of defaulting on a loan due to financial instability or poor credit history.