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Consider the following to answer the question(s) below:
One division of a large defense contractor manufactures telecommunication equipment for the military. This division reports that 12% of non-electrical components are reworked. Management wants to determine if this percentage is the same as the percentage rework for electrical components manufactured by the entire company. The Quality Control Department plans to check a random sample of the over 10,000 electrical components manufactured across all divisions.
-They actually select a random sample of 450 electrical components and find that 46 of those had to be reworked. The 99% confidence interval is


Definitions:

Teacher Absenteeism

Refers to the frequent absence of teachers from schools, which can detrimentally affect student learning and school performance.

Trade Surplus

The situation when a country exports more than it imports.

Exports

Exports refer to goods or services produced in one country and sold to buyers in another country, contributing to the producing country's economy.

Imports

Goods or services brought into a country from abroad for sale or use.

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