Answer:
Probability that the whole shipment will be accepted = 0.9660
96.60% of the shipment will be accepted
Almost all the shipments will be accepted
Explanation:
We are given;
n = 41
p = 3% = 0.03
x = 3
This is a binomial probability question and we will use the formula;
P(X = x) = [n!/(x!(n - x)!)] × p^(x) × (1 - p)^(n - x)
The probability that the whole shipment will be accepted is given by the form;
P(X ≤ 3) = P(0) + P(1) + P(2) + P(3)
P(3) = [41!/(3!(41 - 3)!)] × 0.03³ × (1 - 0.03)^(41 - 3)
P(3) = 0.09046
P(2) = [41!/(2!(41 - 2)!)] × 0.03² × (1 - 0.03)^(41 - 2)
P(2) = 0.22496
P(1) = [41!/(1!(41 - 1)!)] × 0.03¹ × (1 - 0.03)^(41 - 1)
P(1) = 0.36373
P(0) = [41!/(1!(41 - 0)!)] × 0.03^(0) × (1 - 0.03)^(41 - 0)
P(0) = 0.28684
Thus;
P(X ≤ 3) = 0.28684 + 0.36373 + 0.22496 + 0.09046
P(X ≤ 3) = 0.96599 ≈ 0.9660
It means that 96.60% will be accepted