In: Statistics and Probability
When purchasing bulk orders of batteries, a toy manufacturer uses this acceptance sampling plan: Randomly select and test 43 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 6000 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? T
he 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 ▼ (many of the shipments will be rejected) (almost all of the shipments will be accepted). (Round to two decimal places as needed.)