It Is Known That Screws Produced by a Certain Company

question 28

Multiple Choice

It is known that screws produced by a certain company will be defective with probability .01 independently of each other.The company sells the screws in packages of 25 and offers a money-back guarantee that at most 1 of the 25 screws is defective.Using Poisson approximation for binomial distribution,the probability that the company must replace a package is approximately _________

• A) 0.01
• B) 0.1947
• C) 0.7788
• D) 0.0264
• E) 0.2211

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Definitions:

Continuous Schedule

A work or production schedule that runs without interruption over a specific period, often 24/7.

Faith-based Businesses

Enterprises that integrate religious principles with their business practices and operations.

Benefit Packages

Comprise the combination of non-wage compensations provided to employees in addition to their normal salaries or wages.

Muslim HRM Systems

Human Resource Management practices and principles that are designed to be compatible with Islamic laws and cultural contexts.