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A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 21 components and accept the whole batch if
A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 21 components and accept the whole batch if there are fewer than 3 defectives. If a particular shipment of thousands of components actually has a 8% rate of defects, what is the probability that this whole shipment will be accepted? (show work) A) 0.9200 B) 0.9181 C) 0.2337 D) 0.7663
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