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The Binomial Distribution Is Frequently Used to Help Companies Decide

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Essay

The binomial distribution is frequently used to help companies decide whether to accept or reject a shipment based on the results of a random sample of items from the shipment. For instance, suppose a contract calls for, at most, 10 percent of the items in a shipment to be red. To check this without looking at every item in the large shipment, a sample of n = 10 items is selected. If 1 or fewer are red, the shipment is accepted; otherwise it is rejected. Using probability, determine whether this is a "good" sampling plan. (Assume that a bad shipment is one that has 20 percent reds.)


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Enforcement Branch

pertains to a segment of government or an organization with the responsibility to ensure laws, regulations, or rules are being followed.

Occupational Injuries

Physical harm or damage that occurs to an individual as a result of their job or work environment.

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Local laws that control where and how businesses may operate.

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The process of managing waste materials by disposing of them safely and efficiently to minimize environmental impact.

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