Find the Indicated Probability

question 164

Multiple Choice

Find the indicated probability.
-A manufacturing process has a 70% yield, meaning that 70% of the products are acceptable and 30% are defective. If three of the products are randomly selected, find the probability that all of them are acceptable.

• A) 2.1
• B) 0.429
• C) 0.343
• D) 0.027

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Definitions:

Public's Expectation

The anticipation or belief regarding a specific performance or behavior from an individual, organization, or product.

Authentic, Honest

Characteristics of being genuine and truthful in one's actions and communications.

Two-Way

A communication model that emphasizes interaction and feedback, facilitating dialogue between parties.

Company's Credibility

The perception of a company as trustworthy and reliable by its stakeholders, including customers, investors, and the general public.