Calculate the true defect rate of the inventory

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Problem: By using the 95% confidence level, we have achieved the following results: the lower bound for Type 1 is (2.51%), then for Type 2 (2.77%) and then for Type 3 is (5.21%). The minimum upper bound is for Type 1 (3.45%), then for Type 2 (3.75%) and for Type 3 (6.51%). Based on your analysis and the information from Jeff Wilke, which storage type do you think uses the cardboard divider? Why? What is the true defect rate of the inventory separated by the cardboard dividers. Please provide the complete solution of this problem.

Reference no: EM133036906

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