Answer: 0.05
Step-by-step explanation:
Given : To ensure the quality of the shipment, he selected a random sample of 300 cups and inspected them for defects. He found 15 to be defective.
i.e. sample size : n= 300
sample proportion : [tex]\hat{p}=\dfrac{15}{300}=0.05[/tex]
The best estimate for population proportion is the sample proportion.
Therefore, the estimated proportion defective in the population : 0.05