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Weights of Candy Bars Narrative

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Weights of Candy Bars Narrative
A candy bar company is interested in reducing the percentage of defective candy bars made, where a defective candy bar is one that has too few almonds by weight. The company randomly samples 100 candy bars a day for 5 days and finds the percentage of the defective bars to be 0.0200, 0.0125, 0.0225, 0.0100, and 0.0150, respectively. The company wants to construct a control chart for the proportion defective in samples of size n = 100.
-Refer to Weights of Candy Bars Narrative. Estimate the process fraction defective p.


Definitions:

Positively Correlated

A relationship between two variables where both either increase or decrease together.

Negatively Correlated

A statistical relationship between two variables in which one variable increases as the other decreases.

Positively Skewed

Describes a distribution of data where the tail is longer on the right side, indicating a larger number of observations are below the mean.

Negatively Skewed

Describes a distribution of data where the tail is on the left side of the distribution, indicating that the majority of data points are located to the right of the mean.

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