When purchasing bulk orders of batteries, a toy manufacturer uses this acceptance sampling plan: Randomly select and tes

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When Purchasing Bulk Orders Of Batteries A Toy Manufacturer Uses This Acceptance Sampling Plan Randomly Select And Tes 1 (64.03 KiB) Viewed 10 times

When purchasing bulk orders of batteries, a toy manufacturer uses this acceptance sampling plan: Randomly select and test 37 batteries and determine whether each is within specifications. The entire shipment is accepted if at most 2 batteries do not meet specifications. A shipment contains 7000 batteries, and 2% of them do not meet specifications. What is the probability that this whole shipment will be accepted? Will almost all such shipments be accepted, or will many be rejected? The probability that this whole shipment will be accepted is (Round to four decimal places as needed.) The company will accept% of the shipments and will reject% of the shipments, so (Round to two decimal places as needed.) (...)