Out of 20,000 customers' ledger accounts, a sample of 600 accounts was taken to test ´New the accuracy of posting and balancing wherein 45 mistakes were found. Assign limits within which the number of defective cases can be expected at 95% level?

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.16P
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Out of 20,000 customers' ledger accounts, a
sample of 600 accounts was taken to test
New the accuracy of posting and balancing
wherein 45 mistakes were found. Assign
limits within which the number of defective
cases can be expected at 95% level?
Transcribed Image Text:Out of 20,000 customers' ledger accounts, a sample of 600 accounts was taken to test New the accuracy of posting and balancing wherein 45 mistakes were found. Assign limits within which the number of defective cases can be expected at 95% level?
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