I've gotten two different answers for this Statistics problem. Can you confirm the correct answer? Thanks!!
A shipment of 50,000 transistors arrives at a manufacturing plant. The quality control engineer at the plant obtains a sample of 500 resistors and will reject the entire shipment if 10 or more of the resistors are defective. Suppose that 4% of the resistors in the whole shipment are defective. What is the probability that the engineer accepts the shipment? Do you believe the acceptance policy of the engineer is sound?
The probability that a randomly selected resistor is defective = 0.04
Let X denotes the number of resistors that are defective in a random sample of 500 resistors.
X ~ Binomial(n = 500, p = 0.04)
The probability mass function of X is
Now,
The probability that the engineer accepts the shipment
Since the probability is quite small, so one should believe that the acceptance policy of the engineer is not so sound.
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