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What are the four characteristics of a binomial experiment

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Reference no: EM132723175

A laptop manufacturing company has implemented a 2-step process to test the quality of each production batch. In the first step, a technician randomly selects 15 laptops from the batch and determines whether they meet specifications. The batch is considered acceptable provided no more than 1 laptop fails to meet specifications. Otherwise, the entire batch must be tested in the second step. Historical data shows that 95% of the laptops produced adhere to specifications.

Discuss the following:

Question 1: What are the 4 characteristics of a binomial experiment?

Question 2: Can we use a binomial distribution to model this process?

Question 3: What is the probability that the entire batch unnecessarily has to be tested if in fact 95% of its laptops conform to specifications? (Hint: Use Excel's =BINOMDIST() function to find the probability.)

Question 4: What is the probability that the batch is incorrectly accepted if only 75% of its laptops conform to specifications?

Reference no: EM132723175

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