A manufacturer claims that fewer than 6% of its fax machines are defective. In a random sample of 100 such fax machines, 5% are defective. Find the P-value for testing the manufacturer's claim. a.0.34 b.0.33 c.0.06 d.0.16 e.0.17
Ans:
Test statistic:
z=(0.05-0.06)/sqrt(0.06*(1-0.06)/100)
z=-0.42
p-value=P(z<-0.42)=0.34
Correct option is 0.34
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