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Suppose a production line has the probability of p = 0.02 to produce faulty items. If this production line produces a fixed number of 300
Suppose a production line has the probability of p = 0.02 to produce faulty items. If this production line produces a fixed number of 300 items per day, use the Central Limit Theorem to approximately calculate the probability that the number of faulty items produced by this production line in a particular month (30 days) is greater than 300. (You may express your answer in terms of the standard Normal cumulative distribution function (.) without obtaining the final result.)
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