Essay
A manufacturer of televisions claims that fewer than 3% of their products are defective. When 100 televisions were drawn from a large production run, 10% were found to be defective.
A.What is the population of interest?
B.What is the sample?
C.What is the parameter?
D.What is the statistic?
E.Does the value of 3% refer to the parameter or the statistic?
F.Is the value of 10% a parameter or a statistic?
G.Explain briefly how the statistic can be used to make inferences about the parameter to test the claim.
Correct Answer:

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