A manufacturer of flashbulbs knows that 5 percent of his product is defective. Suppose he will return the full price of a shipment of 2000 flashbulbs if "b" or more bulbs are defective. What should the approximate value of "b" be so that he must give the refund on at most 1 percent of the shipments he sells?

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A manufacturer of flashbulbs knows that 5 percent of his product is defective. Suppose he will return
the full price of a shipment of 2000 flashbulbs if “b" or more bulbs are defective. What should the
approximate value of "b" be so that he must give the refund on at most 1 percent of the shipments
he sells?
Transcribed Image Text:A manufacturer of flashbulbs knows that 5 percent of his product is defective. Suppose he will return the full price of a shipment of 2000 flashbulbs if “b" or more bulbs are defective. What should the approximate value of "b" be so that he must give the refund on at most 1 percent of the shipments he sells?
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