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A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 20 components and accept the whole batch if there are fewer than 3 defectives. If a particular shipment of thousands of components actually has a 8% rate of defects, what is the probability that this whole shipment will be accepted? Round to three decimal places.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9991172

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