document.write( "Question 463276: Historical data show that 4% of the components produced by a certain manufacturer are defective.Someone challenged the figure of 4% and the management wanted to test whether this claim has to be modified. If a random sample of 500 items resulted in 16 defective ones, is this significant evidence that the claim is incorrect?
\n" ); document.write( "By considering a significance level alpha = 0.05, what is the lowest rate of defective components that the manufacturer can claim, with the same experimental test results?
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Algebra.Com's Answer #317433 by edjones(8007)\"\" \"About 
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H[o]:.04n=defective.
\n" ); document.write( "H[a]:.04n<>defective.
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\n" ); document.write( "\"mu=p%5Bo%5D=.04\", q=.96
\n" ); document.write( "\"sigma=sqrt%28pq%2Fn%29=sqrt%28.04%2A.96%2F500%29=.00876\"
\n" ); document.write( "\"P=16%2F500=.032\"
\n" ); document.write( "\"z=%28P-p%5Bo%5D%29%2Fsigma=%28.032-.04%29%2F.00876=+-0.913%29\"
\n" ); document.write( "Since -0.913 is more than -1.96. This is not significant evidence that the claim is incorrect.
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\n" ); document.write( "(x-.04)/.00876=-1.96
\n" ); document.write( "x-.04=-.0172
\n" ); document.write( "x=.0228 the lowest rate of defective components that the manufacturer can claim, with the same experimental test results.
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