Estimate the true proportion of defective chips


Intel purchases electronic chips from a supplier who's chips are defective only 5% of the time. Determine the sample size that would be required to estimate the true proportion of defective chips if we wanted our estimate, p^, to be within 1.25% of the true proportion, with 99% confidence.

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Basic Statistics: Estimate the true proportion of defective chips
Reference No:- TGS0742383

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