From production line A, a sample of 500 items is selected at random, and it is determined that 30 items are defective. In a sample of 300 items from production process B (which produces identical items to line A), there are 12 defective items. Determine a 95% confidence interval estimate for the difference between the proportion of defectives in the two lines.
What will be an ideal response?
-.01 to .05
You might also like to view...
Mark and his brother, Rick, each own farms. Rick is experiencing severe financial difficulties and cannot afford to buy feed for his cattle. Mark purchases $2,000 of feed and gives Rick one-half of the feed. Mark tells Rick that there is no need to repay him and to consider the feed a gift. Which of the following statements is true?
A. Mark can deduct $2,000 for the feed. B. Rick must report $1,000 as income. C. Mark can deduct $1,000 for the feed. D. None of the above is true.
Control systems that monitor and penalize the ethical behavior of salespeople are a useful tool in creating an ethical work environment.
Answer the following statement true (T) or false (F)
On December 1, Milton Company borrowed $300,000, at 8% annual interest, from the Tennessee National Bank. Interest is paid when the loan matures one year from the issue date. What is the adjusting entry for accruing interest that Milton would need to make on December 31, the calendar year-end?
A. debit Interest Expense, $4,000; credit Interest Payable, $4,000. B. debit Interest Payable, $2,000; credit Interest Expense, $2,000. C. debit Interest Expense, $2,000; credit Cash, $2,000. D. debit Interest Expense, $24,000; credit Interest Payable, $24,000. E. debit Interest Expense, $2,000; credit Interest Payable, $2,000.
Transformational leadership ______.
A. tells leaders how to act B. tells followers how to act C. gives four specific actions leaders should use in multiple situations D. provides a general way of thinking about leadership, including follower needs