A production process produces 2.5% defective parts. A sample of five parts from the production process is selected. What is the probability that the sample contains exactly two defective parts?
A. 0.2637
B. 0.0058
C. 0.0000
D. 0.0250
Answer: B
You might also like to view...
_______ is a means of summarizing the branding strategy by displaying the number and nature of common and distinctive brand elements across the firm's products, revealing the explicit ordering of brand elements
a. brand equity b. branding strategy c. brand hierarchy d. brand loyalty
The building blocks of financial statement analysis include (1) liquidity, (2) salability, (3) solvency, and (4) profitability.
Answer the following statement true (T) or false (F)
Indicator variables can assume as many values as there are categories of its corresponding nominal variable
Indicate whether the statement is true or false
In one lawsuit in the early______, a financial institution became insolvent because defects in a purchased software application caused errors in several of its systems
a. 1990s b. 1980s c. 1970s d. 1960s