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Solution for QID #17215: A quality inspector draws a simple random sample of 40 bolts | StudyHelpMe

Subject: Statistics
Status: Verified Solution
A quality inspector draws a simple random sample of 40 bolts from a large shipment and measures the length of each. He finds that 34 of them, or 85%, meet a length specification. He concludes that exactly 85% of the bolts in the shipment meet the specification. The inspector's supervisor concludes that the proportion of good bolts is likely to be close to, but not exactly equal to, 85%. Which conclusion is appropriate  
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