A computer manufacturing firm accepts a shipment of CPU chips from its suppliers only if an inspection
Question:
A computer manufacturing firm accepts a shipment of CPU chips from its suppliers only if an inspection of 5 percent of the chips, randomly chosen from the shipment, does not contain any defective chips. If a shipment contains five defective chips and there are 1,000 chips in the shipment, what is the probability that the shipment will be accepted?
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Step by Step Answer:
To calculate the probability that the shipment will be accepted we can use the concept of binomial p...View the full answer
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Related Book For 
Mathematical Statistics For Economics And Business
ISBN: 9781461450221
2nd Edition
Authors: Ron C.Mittelhammer
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