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Given the following probability distribution, what is the
| Outcome | P(Outcome) |
|---|---|
| 17 | 0.16 |
| 18 | 0.05 |
| 3 | 0.14 |
| 13 | 0.07 |
| 12 | 0.58 |
Round to 3 decimal places as needed.
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- A manufacturer has determined that a machine averages one faulty unit for every 500 it produces. What is the probability that an order of 300 units will have one or more faulty units?What term is used to express the likelihood of an event occurring? Are there restrictions on its values? If so, what are they? If not, explain.
