subject
Mathematics, 23.03.2021 02:40 ayanajames0928

Monogram Masters states on its website that 92% of its orders are ready to ship within five working days. A simple random sample of 200 of the 3,000 orders received during the past month are pulled for an audit. The audit shows that 175 of these orders were shipped on time. Part A: If Monogram Masters really ships 92% of its orders within five working days, what is the probability that the proportion in the simple random sample of 200 orders is as small as the proportion in the auditors' sample or smaller? (5 points) Part B: A customer says, "Monogram Masters claims 92% of its orders are shipped on time, but its sample proportion is less than that." Explain why the probability calculation shows the result of the sample agrees with the 92% claim. (5 points)

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 14:10, donaldwilliams31
Given the function f(x) = log base 4(x+8) , find the value of f^-1(2)
Answers: 1
image
Mathematics, 21.06.2019 14:30, lethycialee79711
Which fraction below is equivalent to 10/12?
Answers: 1
image
Mathematics, 22.06.2019 02:40, corbino710
On which number line are -3 and its opposite shown
Answers: 3
image
Mathematics, 22.06.2019 05:00, alexmarche8637
April carriers 5 suitcases to car. each suitcases weighs 6 1/2 pounds. how many pounds does april carry in all
Answers: 1
You know the right answer?
Monogram Masters states on its website that 92% of its orders are ready to ship within five working...

Questions in other subjects:

Konu
Mathematics, 26.06.2020 16:01