A Manufacturer Claims That Less Than 1% of All His

Multiple Choice

A manufacturer claims that less than 1% of all his products do not meet the minimum government
Standards. A survey of 500 products revealed ten did not meet the standard.
If the level of significance is 2%, what is the critical value?

A) 2.05
B) -2.05
C) 2.33
D) -2.33
E) 1.96