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An internal control policy for an online fashion accessories store requires a quality assurance check before a

1. An internal control policy for an online fashion accessories store requires a quality assurance check before a shipment is made. The tolerable exception rate for this internal control is 0.05. During an audit, 500 shipping records were sampled from a population of 5,000 shipping records and 12 were found that violated the control. What is the upper bound for a 95% one-sided confidence interval estimate for the rate of noncompliance? 2. The personnel director of a large corporation wishes to study absenteeism among clerical workers at the corporation's central office during the year. A random sample of 25 clerical workers revealed the following: Absenteeism: barX = 9.7 days and S = 4.0 days 12 clerical workers were absent more than 10 days What are the upper and lower limits of the 95% confidence interval estimate of the mean number of absences for clerical workers last year

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  1. You've given us two homework problems, but haven't told us where you're stuck. In each problem, you have the basic figures to support one of the solution methods that *should* be in your textbook. Where are you having trouble? In identifying the proper distribution to use? The test? Figuring out which figures go where?
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