A manufacturer claims that less than 1% of all his products do not meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard.
A) The z-statistic is -2.25
B) The z-statistic is 2.25
C) The z-statistic is -1.00
D) The z-statistic is 1.00
E) None of these statements is correct

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The Answer of A manufacturer claims that less than 1% of all his products do not meet the minimum government standards. A survey of 500 products revealed ten did not meet the standard.
A) The z-statistic is -2.25
B) The z-statistic is 2.25
C) The z-statistic is -1.00
D) The z-statistic is 1.00
E) None of these statements is correct

A Manufacturer Claims That Less Than 1% of All His