TABLE 5-5 from an Inventory of 48 New Cars Being Shipped to Shipped

question 157

Short Answer

TABLE 5-5
From an inventory of 48 new cars being shipped to local dealerships, corporate reports indicate that 12 have defective radios installed.
-Referring to Table 5-5, what is the probability out of the 8 new cars it just received that, when each is tested, none of the cars have defective radios?

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Definitions:

Upstream

Refers to the earlier stages in the process or supply chain, often related to the sourcing of raw materials or initial production stages.

Suppliers

Companies or individuals who provide goods or services to another entity, typically within a commercial supply chain.

Raw Metal

Unprocessed metal in its natural state, not yet altered by machining, shaping, or any form of treatment for use in manufacturing.

On-premise CRM

Customer Relationship Management software hosted and maintained on the premises of an organization, as opposed to being cloud-based.