If a particular shipment of thousand of bulbs actually has a 5% rate of defects, what is the probability that this whole shipment will be accepted?

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 40E: Telephone Marketing A mortgage company advertises its rates by making unsolicited telephone calls to...
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Acceptance Sampling: The Telektronic Company purchases large shipments of fluorescent bulbs and uses this acceptance-sampling plan: Randomly select and test 24 bulbs, then accept the whole batch if there is only one or none that doesn’t work. If a particular shipment of thousand of bulbs actually has a 5% rate of defects, what is the probability that this whole shipment will be accepted? ______________________

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