A Major Textbook Publisher Has a Contract with a Printing

question 26

Multiple Choice

A major textbook publisher has a contract with a printing company. Part of the contract stipulates that no more than 5 percent of the pages should have any type of printing error. Suppose that the company selects a random sample of 400 pages and finds 33 that have an error. If the printer is meeting the standard, what is the probability that a sample of this size would have 33 or more errors?

• A) 0.0014
• B) 0.4986
• C) 0.9986
• D) 0.1245
• E) 0.3755

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Definitions:

Stock Certificates

Physical documents that represent ownership of a particular number of shares in a corporation.

Semi-permanent

Referring to something not designed to last indefinitely but also not intended for quick disposal or replacement; having a medium-term duration.

Work

The exertion of effort towards achieving a goal, often associated with professional or employment activities but also applicable to tasks and responsibilities.

Problem-solving

The process of identifying a problem, developing possible solutions, and choosing and implementing the most effective solution.