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#31130

estimation

statistics

data analysis

hard

90 sec

A factory produces 1200 units of a certain product each day. A quality control manager inspects a random sample of 40 units and finds that 3 of them are defective. If each defective unit costs the company $15 t ore pl a ce, w ha t i s t h ees t ima t e d t o t a l cos t o f re pl a c in g d e f ec t i v e u ni t s p ro d u ce d in o n e 5 - d a y w or k w ee k ?$

• Up to 5 characters (6 if negative). Only numbers, decimal (.), fraction (/), negative (-).
• Fractions must be in lowest terms.
• Mixed numbers must be converted to improper fractions.