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A company is reviewing a batch of 24 products to determine if any are defective. On average, 3.4% of products are defective. Does this situation

A company is reviewing a batch of 24 products to determine if any are defective. On average, 3.4% of products are defective.

Does this situation describe a binomial experiment, and why?

What is the probability that the company will find 2 or fewer defective products in this batch?

%

What is the probability that 4 or more defective products are found in this batch?

%

If the company finds 5 defective products in this batch, should the company stop production?

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