Assume That the Proportion of Defective Items in a Sample

question 33

Short Answer

Assume that the proportion of defective items in a sample of 400 items is 0.20.
Is the normal approximation to the sampling distribution of appropriate in this situation?
______________
Find the probability that is greater than 0.23.
______________
Find the probability that lies between 0.16 and 0.24.
______________

---

Definitions:

Assignment of Benefits Clause

A provision in insurance policies allowing the insured to direct payment of benefits directly to a healthcare provider.

Third-Party Reimbursers

Entities or organizations that provide payment for healthcare services on behalf of the beneficiaries, typically insurance companies or government programs.

Electronic Claims Tracking

A system used for monitoring the processing status of medical insurance claims electronically.

Electronic Media Claims

Claims related to healthcare services that are submitted electronically, often through specialized software, to insurance providers for reimbursement.