Find the indicated probability. A company manufactures calculators in batches of 55 and claims that the rate of defects is 5%. Find the probability of getting exactly 3 defects in a batch of 55 if the rate of defects is 5%. If a store receives a batch of 55 calculators and finds that there are 3 defective calculators, do they have any reason to doubt the company's claimed rate of defects?   options****     0.0180; Yes. If the rate of defects is really 5%, the probability of finding 3 defects in a batch of 55 calculators is very small.     0.228; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.     0.237; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.     1.37; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.

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Find the indicated probability.

A company manufactures calculators in batches of 55 and claims that the rate of defects is 5%. Find the probability of getting exactly 3 defects in a batch of 55 if the rate of defects is 5%. If a store receives a batch of 55 calculators and finds that there are 3 defective calculators, do they have any reason to doubt the company's claimed rate of defects?
 
options****
   
0.0180; Yes. If the rate of defects is really 5%, the probability of finding 3 defects in a batch of 55 calculators is very small.
   
0.228; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.
   
0.237; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.
   
1.37; No. If the rate of defects is really 5%, it is not so unlikely to find 3 defects in a batch of 55 calculators.
Expert Solution
Step 1

Introduction:

Denote X as the random variable of interest here, which is the number of defects in a batch of 55 calculators.

Consider it to be a success if a randomly selected calculator is defective.

As 5% of the calculators are defective, the probability of “success” is p = 5% = 0.05.

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