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Defective rods A grinding machine used to manufacture steel rods

Defective rods: A grinding machine used to manufacture steel rods produces rods, 5% of which are defective. When a customer orders 1000 rods, a package of 1060 rods is shipped. with a guarantee that at least 1000 of the rods are good. What is the probability that a pad-cage of 1060 rods contains 1000 or more that are good?

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