A Manufacturing Company Is Concerned About the Number of Defective

question 20

Multiple Choice

A manufacturing company is concerned about the number of defective items produced by their assembly line. In the past they have had 5% of their products produced defectively. They take a random sample of 35 products. What is the probability that more than 5 products in the sample are defective?

• A)14.28%
• B)0.59%
• C)100%
• D)None of these choices are correct

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Definitions:

Personally Liable

The state of being legally responsible for a debt or obligation in a personal capacity, not as a corporation or other entity.

Corporate Shares

Units of ownership in a corporation, representing a portion of the corporation's capital.

Approval Of Stockholders

The formal consent given by shareholders, typically through voting, to authorize corporate actions or decisions.

Corporate Income

Income earned by a corporation through its business activities, subject to corporate income tax.