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A production process produces 2% defective parts. A sample of 5 parts from the production is selected. What is the probability that the sample contains exactly two defective parts? Use the binomial probability function and show your computations to answer this question.
Lifelong Learning
The ongoing, voluntary, and self-motivated pursuit of knowledge for personal or professional reasons throughout a person’s life.
Small Business Owner
An individual who owns a small-scale enterprise, typically characterized by independent ownership, operation, and fewer employees.
Formal Education
Structured educational system that includes primary, secondary, and higher education institutions, typically following a standardized curriculum.
Locus Of Control
A person’s belief concerning the degree to which internal or external forces control his or her future.
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