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The Proportion of Parts in an Inventory That Are Outdated

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Essay

The proportion of parts in an inventory that are outdated and no longer useful is thought to be 0.10. To check this, a random sample of n = 100 parts is selected and 14 are found to be outdated. Based upon this information, what is the probability of 14 or more outdated parts?


Definitions:

Icy Chunks

Large pieces of frozen water or ice, often found in polar regions or as parts of glaciers or icebergs.

Rings Of Saturn

The system of planetary rings surrounding Saturn, made up of ice particles, rocks, and dust.

Sand, Pebbles

Small, loose particles of rocks or minerals; pebbles are larger than sand grains but smaller than cobbles.

Bluish-Green

A color that is a blend of blue and green, often associated with certain minerals, plants, or shallow waters.

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