Advanced Placement (AP), 07.04.2020 02:00, gerkera88

A manufacturer of computer monitors estimates that 4 percent of all the monitors manufactured have a screen defect. Let pd represent the population proportion of all monitors manufactured that have a screen defect. For the sampling distribution of the sample proportion for samples of size 100, μPˆd=0.04. Which of the following is the best interpretation of μPˆd=0.04 ?

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A manufacturer of computer monitors estimates that 4 percent of all the monitors manufactured have a...