Examlex

Solved

If 15% of the Bolts Made by an Automotive Factory Are

question 46

Short Answer

If 1.5% of the bolts made by an automotive factory are defective, what is the probability that in a shipment of 200 bolts, there are 6 defective bolts?


Definitions:

Auto Insurance

A policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident or other vehicle-related incidents.

Idea Evaluation

The process of assessing the viability, potential success, or worthiness of a concept or proposal.

Marketing Researcher

A marketing researcher is a professional who gathers, analyzes, and interprets data about markets, customers, and consumer behaviors to inform business strategies.

Marketing Manager

A professional responsible for overseeing the promotion and advertising efforts to drive sales and increase brand awareness for a company's products or services.

Related Questions