Law of Large Numbers for Proportions
A manufacturing process produces defective parts with a probability of 0.03. Each day, a random sample of 500 parts is inspected. Over a 30-day period, the daily sample proportion of defective parts is expected to:
A
It will fluctuate randomly with no central tendency
B
It will be exactly 0.03 on each day
C
It will tend to stabilize around 0.03
D
It will decrease over time as the process improves
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