A manufacturer ships toasters in cartons

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A manufacturer ships toasters in cartons of 50. In each carton, they estimate a 2% chance that one of the toasters will need to be sent back for minor repairs. In a batch of 25,000 toasters, what are the chances that fewer than 475 need to be returned? The probability that fewer than 475 toasters need to be returned is.

Reference no: EM131130409

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