Business, 21.01.2020 01:31 ciel8809

Acompany is trying to determine if they should accept a shipment of toy parts. the shipment has over 1 million parts. they decided to randomly select 100 parts out of the shipment. they will only accept the shipment if 1% or less of all of the parts are defective. out of the 100 selected, 4% are defective. identify the numbers "1%" and "4%" as either statistics or parameters.

a. 4% is a statistic and 1% is a parameter
b. both numbers are parameters.
c. both numbers are statistics.
d. 4% is a parameter and 1% is a statistic

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Acompany is trying to determine if they should accept a shipment of toy parts. the shipment has over...

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