Alpha Corporation receives a shipment of flour every morning from their supplier. The flour is in 40 kg bags and Alpha will reject any shipment that is more than 5% underweight. The foreman samples 60 bags with each shipment and if the bags average more than 5% underweight, the whole shipment is returned to the supplier. Determine the value for the standard error of the proportion.
A) 0.02814
B) 0.01504
C) 0.00792
D) 0.08898
E) 0.1234
Correct Answer:
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