Solved: If a particular shipment has light bulbs with a 3 chance of, Basic Statistics

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If a particular shipment has light bulbs with a 3 chance of

Lex Corp purchases large shipments of light bulbs and uses this acceptance plan: randomly select and test 100 light bulbs, then accept the whole shipment if there are fewer than 2 that doesn't work. If a particular shipment has light bulbs with a 3% chance of defect, what is the probability that this whole shipment will be accepted?

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Basic Statistics: If a particular shipment has light bulbs with a 3 chance of

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Basic Statistics: If a particular shipment has light bulbs with a 3 chance of

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