91Ó°ÊÓ

A supplieris a person as well as a company that sells or rents a good or service to some other organization. A supplier's function in a company is to deliver high-quality items from a producer at a reasonable cost to a distributor or retailer for resale. A supplier in a company is somebody who works as a go-between for the retailers and customers, ensuring that contact is open as well as inventory is of adequate quality.

$\text{Populationproportion}<0.0\text{1v}/\text{sPopulationproportion}>0.0\text{1}$

The calculation is shown below:

$$\begin{gathered} \text{SampleProportion}\left(\stackrel{Áåœ}{\mathrm{P}}\right)=\frac{4}{500} \\ =0.008 \end{gathered}$$

Under Ho,

$$\begin{gathered} \text{z=}\frac{\stackrel{Áåœ}{\mathrm{P}}−\text{Po}}{\sqrt{\frac{\text{Po}(1−\text{Po})}{\text{n}}}} \\ \text{=}\frac{0.008−0.01}{\frac{\sqrt{0.01×0.99}}{500}} \\ \text{z}=−0.449467 \end{gathered}$$

If z > 2.326348, we will reject Ho at the 1% significant level.

Here,

If z < 2.326348, we do not reject Ho at the 1% significant level that is distributor has compiled with a guarantee.