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1. A factory produces electronic components and performs a final test for flaws. On average, 0.5% of the components have flaws. A random selection

1. A factory produces electronic components and performs a final test for flaws. On average, 0.5% of the components have flaws. A random selection of 500 components are tested. Use the Poisson approximation to estimate the probability that exactly 4 components will have flaws. Can you bound the error made by using the Poisson approximation, or find the exact error?

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