What is the expected value of perfect information in the situation of problem 15–23? Explain. A…

What is the expected value of perfect information in the situation of problem 15–23? Explain.  A quality control engineer believes that the proportion of defective items in a production process is a random variable with a probability distribution that is approximated as follows: The engineer collects a random sample of items and finds that 5 out of the 16 items in the sample are defective. Find the engineer’s posterior probability distribution of the proportion of defective items.