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You are the Industrial Engineer employed by Sanlam
- From Mathematics, Statistics
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You are the Industrial Engineer employed by Sanlam insurance company and your supervisor wishes to determine the proportion of car insurance claims that are non- conforming in the current claims database. Applying your data analyses skills learned in QUT1517, you establish that the percent of nonconforming is 20% (i.e. p=0.20). Your supervisor wants a precision of 10%, with a confidence level of 90%. Compute the correct sample size for this problem.
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[Solved] You are the Industrial Engineer employed by Sanlam
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- Submitted On 24 Jun, 2020 08:36:25
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- Beam777
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