# Question: Suppose that for every lot of100 computer chips a company

Suppose that, for every lot of100 computer chips a company produces, an average of 1.4 is defective. Another company buys many lots of these chips at a time, from which one lot is selected randomly and tested for defects. If the tested lot contains more than three defects, the buyer will reject all the lots sent in that batch. What is the probability that the buyer will accept the lots? Assume that the defects per lot are Poisson distributed.

**View Solution:**## Answer to relevant Questions

The National Center for Health Statistics reports that 25% of all Americans between the ages of 65 and 74 have a chronic heart condition. Suppose you live in a state where the environment is conducive to good health and low ...A Department of Transportation survey showed that 60% of U.S. residents over 65 years of age oppose use of cell phones in flight even if there were no issues with the phones interfering with aircraft communications systems. ...Suppose that in the bookkeeping operation of a large corporation the probability of a recording error on any one billing is .005. Suppose the probability of a recording error from one billing to the next is constant, and 1, ...Study the Minitab graph. Discuss the distribution including type, shape, and probabilityoutcomes.According to a report by Scarborough Research, the average monthly household cellular phone bill is $73.Suppose monthly household cell phone bills are normally distributed with a standard deviation of $11.35.a. What is the ...Post your question