A manufacturer of bicycle parts finds that they have a defect rate of 6.7%. what is the probability that in a production run of 124 parts that they will find 10 defective parts?
This is a binomial distrbution problem
Given,
Probability of success p = Defect rate = 0.067
No. of trials n = 124
We have to find P(X = 10)
The probability that in a production run of 124 parts that they will find 10 defective parts is 0.1096.
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