Question: 1. ABC Manufacturing has a policy that it will reject a shipment of parts from its supplier if inspectors find any defective parts in a
1. ABC Manufacturing has a policy that it will reject a shipment of parts from its supplier if inspectors find any defective parts in a random sample of 4 parts from the shipment. The supplier has been in business many years and has a long-term defective rate for parts of 8.3%. 2. What is the probability that a shipment will be rejected after a given sample of parts 3. Of 45 bank accounts at small bank, 30 accounts have values of less than $1000 and have values of at least $1000. Suppose 5 accounts are randomly sampled. What is the probability that exactly 4 of the 5 accounts have values of at least $100 4. A local university found it could classify its students into one of three general catego morning students (50%), afternoon students (32%), and evening students. 47% of t students, 27% of the afternoon students, and 15% of the evening students live on c probability of a nonafternoon students does not live in campus
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