The National Institute of Standards and Technology (NIST) mandates that for every 100 items scanned through the
Question:
The National Institute of Standards and Technology (NIST) mandates that for every 100 items scanned through the electronic checkout scanner at a retail store, no more than 2 should have an inaccurate price. A recent study of the accuracy of checkout scanners at Wal-Mart stores in California (Tampa Tribune, Nov. 22, 2005) showed that, of the 60 Wal-Mart stores investigated, 52 violated the NIST scanner accuracy standard. If 1 of the 60 Wal-Mart stores is randomly selected, what is the probability that that store does not violate the NIST scanner accuracy standard?
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