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TABLE 8-12
The president of a university is concerned that the percentage of students who have cheated on an exam is higher than the 1% acceptable level. A confidential random sample of 1,000 students from a population of 7,000 revealed that 6 of them said that they had cheated on an exam during the last semester.
-Referring to Table 8-12, using the 90% one-sided confidence interval, the president can be 95% confident that no more than 1% of the students at the university had cheated on an exam during the last semester.
Capacity
The maximum level of output that a company can sustain to make a product or provide a service under normal conditions.
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