TABLE 14-5 A Manufacturer of Computer Disks Took Samples of 240 Disks

question 2

Short Answer

TABLE 14-5
A manufacturer of computer disks took samples of 240 disks on 15 consecutive days. The number of disks with bad sectors was determined for each of these samples. The results are in the table that follows.
-Referring to Table 14-5, the best estimate of the mean proportion of disks with bad sectors is ________.

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Definitions:

Services

Intangible products that are consumed at the point of sale and do not result in ownership of physical goods.

Net Exports

The balance of a nation's trade, measured by subtracting its imports from its exports of goods and services.

Depreciation

The process of allocating the cost of a tangible or physical asset over its useful life, reflecting the decrease in value of an asset over time due to use, wear and tear, or obsolescence.

Gross Private Domestic Investment

The total spending on capital goods by private businesses and households within a country's economy, not including expenditures by the government.