A manufacturer of computer chips claims that less than 10% of this products are defective.When 1000 chips were drawn from a large production.7.5% 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 statistics?
(e)Does the value of 10% refer to parameter or to the statistics?
(f)Is the value of 7.5% a parameter or is a statistic?
(g) Explain briefly how the statistic can be used to make inferences about the parameter to test the claim.
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