Question

A manufacturer of children toys claims that less than 5% of his products are defective. when 500 toys were drawn from a large production run, 7% were found to be defective A. What is the population of interest? The input in the box below will not be graded, but may be reviewed and considered by your instructor B. What is the sample? toys C. What is the parameter? The input in the box below will not be graded, but may be reviewed and considered by your instructor. blank D. What is the statistic? The input in the box below will not be graded, but may be reviewed and considered by your instructor. blank E. Does the value 5% refer to the parameter or the statistic? Select Is the value 7% a parameter or a statistic? Select G. Explain briefly how the statistic can be used to make inferences about the parameter to test the claim. The input in the box below will not be graded, but may be reviewed and considered by your instructor. blank

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Answer #1

A. Complete production run
B. 500 toys
C. Percentage of all toys that is defective, 5%
D. Percentage of sample toys that are defective, 7%
E. Parameter
F. Statistic
G. As the statistic value 7% is greater than parameter of 5%, the claims made by the manufacturer cannot be accepted

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