Suppose that in the random sample the defective rate is 4

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The assembly line that produces an electronic component of a missile system has historically resulted in a 2% defective rate. A random sample of 800 components is drawn. What is the probability that the defective rate is greater than 4%? Suppose that in the random sample the defective rate is 4%. What does that suggest about the defective rate on the assembly line?

Reference no: EM13615174

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