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Population proportions
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motorcycleModeling sample proportions
Exercise type: Interactive data gathering activity
- Simulate the explosions of airbags using dice and the Lock5 stats tool
- Recreate the vehicle airbag sample test data spreadsheet either on paper or a spreadsheet
Download the raw data pictured below.
Your task:
As managers, you must prioritize a single location to begin the replacements. Which location do you recommend to management to start in first? Create a quantitative rationale for your response, including the expected cost of replacements, the expected cost of settling cases of exploded airbags that were not replaced.
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