4. Yobel is a supply chain management company in Peru. They manufacture on-site products for large international companies such as Revlon, Kodak, Ivory, etc. These companies have specific quality criteria that they expect to be maintained even if the product is not manufactured or sold in the United States. Suppose you're put in charge of quality control for Revlon lipstick. The specified "failure rate" or proportion of flawed lipsticks, as specified by Revlon is 0.05. This sort of relationship is normally the case when a company outsources some of its production. (a) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is more than 0.054? (b) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is less than 0.054? c) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is between 0.048 and 0.052?

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4. Yobel is a supply chain management company in Peru. They manufacture on-site products for large
international companies such as Revlon, Kodak, Ivory, etc. These companies have specific quality criteria that they
expect to be maintained even if the product is not manufactured or sold in the United States. Suppose you're put in
charge of quality control for Revlon lipstick. The specified "failure rate" or proportion of flawed lipsticks, as
specified by Revlon is 0.05. This sort of relationship is normally the case when a company outsources some of its
production.
(a) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is more than
0.054?
(b) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is less than 0.054?
c) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is between 0.048
and 0.052P
Transcribed Image Text:4. Yobel is a supply chain management company in Peru. They manufacture on-site products for large international companies such as Revlon, Kodak, Ivory, etc. These companies have specific quality criteria that they expect to be maintained even if the product is not manufactured or sold in the United States. Suppose you're put in charge of quality control for Revlon lipstick. The specified "failure rate" or proportion of flawed lipsticks, as specified by Revlon is 0.05. This sort of relationship is normally the case when a company outsources some of its production. (a) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is more than 0.054? (b) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is less than 0.054? c) What is the probability in a sample of 100 lipsticks that the proportion that are flawed is between 0.048 and 0.052P
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