Finding confidence interval for a fraction, Basic Statistics

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Finding confidence interval for a fraction

Assignment:

In order to estimate the fraction of defective parts, you take a sample of size 1000 and find that 63 are not acceptable. Find a 99% confidence interval for the fraction of defective parts.

Provide complete and step by step solution for the question and show calculations and use formulas.

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Basic Statistics: Finding confidence interval for a fraction

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Basic Statistics: Finding confidence interval for a fraction

Reference No:- TGS01975914

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