Answer:
(a) 0.85
(b) 0.7225
Explanation:
(a) The point estimate for the proportion of all such components that are not defective is given by the number of non-defective units in the sample divided by the sample size:
![p=(80-12)/(80)\\p=0.85](https://img.qammunity.org/2021/formulas/mathematics/college/g9jhpiq3wyg5ksvf85pgxrgtjilcpv5lfl.png)
The proportion is 0.85.
(b) Assuming that the sample is large enough to accurately provide a point estimate for the whole population, this can be treated as a binomial model with probability of success (non-defective part) p = 0.85. Since both components must be non-defective for the system to work, the probability of two successes in two trials is:
![P(x=2) = 0.85^2\\P(x=2) = 0.7225](https://img.qammunity.org/2021/formulas/mathematics/college/htr42h7x6t9my9nk6jl6fpowdstb4a2wmw.png)
An estimate of 0.7225 for the proportion of all such systems that will function properly.