Answer:
0.82% probability the engineer accepts the shipment
Explanation:
Binomial probability distribution
Probability of exactly x sucesses on n repeated trials, with p probability.
Can be approximated to a normal distribution, using the expected value and the standard deviation.
The expected value of the binomial distribution is:
![E(X) = np](https://img.qammunity.org/2021/formulas/mathematics/college/66n16kmn896qth698tyf6rfu48vhaipkmv.png)
The standard deviation of the binomial distribution is:
![√(V(X)) = √(np(1-p))](https://img.qammunity.org/2021/formulas/mathematics/college/50rvo6hmelacol69fy9pzbmom4zmpsvsnd.png)
Normal probability distribution
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:
![Z = (X - \mu)/(\sigma)](https://img.qammunity.org/2021/formulas/mathematics/college/c62rrp8olhnzeelpux1qvr89ehugd6fm1f.png)
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
When we are approximating a binomial distribution to a normal one, we have that
,
.
In this problem, we have that:
![n = 500, p = 0.04](https://img.qammunity.org/2021/formulas/mathematics/college/c68h9hdwyzu4c602r43vl2yuhbxtwy0pf2.png)
So
![E(X) = np = 500*0.04 = 20](https://img.qammunity.org/2021/formulas/mathematics/college/v3s0asfd4z2um7kieblysqy80kx725u0d6.png)
![√(V(X)) = √(np(1-p)) = √(500*0.04*0.96) = 4.3818](https://img.qammunity.org/2021/formulas/mathematics/college/de8x4w4u7zfs2nu0mrkmdq4aeddzr5cmng.png)
What is the probability the engineer accepts the shipment?
Less than 10 defective. Using continuity correction, this is
, which is the pvalue of Z when X = 9.5. So
![Z = (X - \mu)/(\sigma)](https://img.qammunity.org/2021/formulas/mathematics/college/c62rrp8olhnzeelpux1qvr89ehugd6fm1f.png)
![Z = (9.5 - 20)/(4.3818)](https://img.qammunity.org/2021/formulas/mathematics/college/xwf76iq6dopn23xftsjr7ywarp7knrxwim.png)
![Z = -2.4](https://img.qammunity.org/2021/formulas/mathematics/college/4nh4sz5seizm6zkrupnv3mc2zr5m7e6j25.png)
has a pvalue of 0.0082
0.82% probability the engineer accepts the shipment