A soft drink manufacturer wants to determine the proportion of its soda cans that meet quality standards. A quality control engineer randomly selects 2000 cans off the assembly line and finds that 99.7% (1994 of the 2000) meet quality standards. Step 2 of 4: What is the parameter of interest?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
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A soft drink manufacturer wants to determine the proportion of its soda cans that meet quality standards. A quality
control engineer randomly selects 2000 cans off the assembly line and finds that 99.7% (1994 of the 2000) meet quality
standards.
Step 2 of 4: What is the parameter of interest?
Transcribed Image Text:A soft drink manufacturer wants to determine the proportion of its soda cans that meet quality standards. A quality control engineer randomly selects 2000 cans off the assembly line and finds that 99.7% (1994 of the 2000) meet quality standards. Step 2 of 4: What is the parameter of interest?
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Step 1

Parameter:

Any statistical measure based on all the units in the population is called a Parameter.

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