Solved: Based on similar past studies the percentage of rework was, Basic Statistics

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Based on similar past studies the percentage of rework was

The Quality Control Department wants to estimate the true percentage of rework for electrical components to within ±4%, with 99% confidence. Based on similar past studies, the percentage of rework was found to be 12%. How many components should they sample?

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Basic Statistics: Based on similar past studies the percentage of rework was

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