verify the manufacturer''s claim, Strategic Management

A supplier of components to an electronic industry makes a sophisticated product which sometimes fails immediately it is used. He controls his manufacturing process so that the proportion of faulty products is supposed to be only 5%. Out of 400 supplies in a batch, 26 prove to be faulty. Verify the manufacturer's claim. Use 0.05 level of significance.

Posted Date: 3/15/2013 1:37:39 AM | Location : United States







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