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Use the Given Degree of Confidence and Sample Data to Construct

question 24

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Use the given degree of confidence and sample data to construct a confidence interval for the population proportion p.
-Of 150 adults selected randomly from one town, 30 of them smoke. Construct a 99% confidence interval for the true percentage of all adults in the town that smoke.


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Operational Excellence

The philosophy of making continuous improvements in operations to enhance quality, efficiency, and customer satisfaction.

Mass Customization

A business strategy that combines the efficiency of mass production with the personalization aspects of custom-made goods or services.

Make-to-order

A manufacturing process in which products are created after a confirmed order is received, allowing for customization.

Primary Activities

Core functions or processes of a business that directly add value to a product or service, including production, marketing, sales, and service.

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