The probability that a fuse produced by a certain manufacturing process will be defective is 
. Is it correct to infer from this statement that there is at most 1 defective fuse in each lot of 56 produced by this process? Justify your answer.
Definitions:
Slope
A measure of the steepness or gradient of a line, representing the ratio of the vertical change to the horizontal change between two points on the line.
Price
The financial cost associated with acquiring a good, service, or asset.
Income
Funds obtained regularly from work performed or investments made.
Budget Line
The budget line represents the combination of goods and services that a consumer can purchase given their income and the prices of those goods and services.
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