What is the probability that over half the items are good


Problem

An examination of sample items from a shipment showed that 51% of the items were good and 49% were defective. The company president asked the statistician, "What is the probability that over half the items are good?" The statistician replied that the question cannot be answered from the data. Is this correct? Does the question make sense? Explain why.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the probability that over half the items are good
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