Question:Your mail-order company advertises that it ships 90% of its
orders within 3 working days. You...
Question
Your mail-order company advertises that it ships 90% of its
orders within 3 working days. You...
Your mail-order company advertises that it ships 90% of its
orders within 3 working days. You select a SRS of 100 of 5000
orders received in the past week for an audit. The audit reveals
that 86 of these orders were shipped on time.
What is the sample proportion of orders shipped on time? (2
points)
If the company really ships 90% of its orders on time, what is
the probability that in a SRS of 100 orders the proportion is as
small as the proportion in your sample or smaller? (Probability
sketch required.) (8 points)