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A shipment of parts from a supplier contains 5% defective parts. In order to decide whether to accept the shipment, an inspector randomly samples 6 parts. If 0 or 1 of the sampled parts are found to be defective, the shipment is accepted, otherwise the shipment is rejected. Find the probability that the shipment is accepted.

Microeconomics, Economics

  • Category:- Microeconomics
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