A Simple Random Sample of 100 Bags of Tortilla Chips

question 2

Multiple Choice

A simple random sample of 100 bags of tortilla chips produced at Plant A is selected every hour for quality control.In the current sample,18 bags had more chips (measured in weight) than the labeled quantity.This sample information is being compared to data collected at Plant B.In the current sample of 100 bags of chips from Plant B,12 bags had more chips than the labeled quantity.Let represent the plus four estimate of the difference in the two proportions.What is the value of the standard error of ?

• A)0.0384
• B)0.0503
• C)0.0508
• D)0.0604

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Definitions:

Employer Sharing Profits

A business strategy where companies distribute a portion of their profits to their employees, often as a bonus or part of a benefit plan.

Partnership Creation

The process of forming a partnership, which is an agreement where two or more parties agree to share in the management, profits, and losses of a business.

Joint and Several Liability

A legal doctrine under which each party in a lawsuit can be held responsible for the full amount of damages regardless of their individual share of fault.

Unlimited Personal Liability

A legal obligation where individuals can be held fully responsible for the debts and obligations of a business, potentially affecting their personal assets.