The Medassist Pharmaceutical Company receives large shipments of aspirin tablets and uses this acceptance sampling plan: Randomly select and test 40 tablets, then accept the whole batch if there is only one or none that doesn’t meet the required specifications. If one shipment of 5000 aspirin tablets actually has a 3% rate of defects, what is the probability that this whole shipment will be accepted? Will almost all such shipments be accepted, or will many be rejected?
Involve the method of acceptance sampling, whereby a shipment of a large number of items is accepted if tests of a sample of those items result in only one or none that are defective.