Use the formula for the corresponding probability distribution to solve the problem. A manufacturer of television set known that on an average 5% of their product is defective. They sells television sets in consignment of 100 and guarantees that not more than 2 set will be defective. Which probability distribution is appropriate for use in the scenario? What is the value of λ? Write down the formula for the Probability Distribution. What is the probability that the TV set will fail to meet the guaranteed quality? Use e-5 = 0.0067 Find the mean and variance of the distribution.

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  1. Use the formula for the corresponding probability distribution to solve the problem.

A manufacturer of television set known that on an average 5% of their product is defective. They sells television sets in consignment of 100 and guarantees that not more than 2 set will be defective.

  1. Which probability distribution is appropriate for use in the scenario?
  2. What is the value of λ?
  3. Write down the formula for the Probability Distribution.
  4. What is the probability that the TV set will fail to meet the guaranteed quality?
    Use e-5 = 0.0067

Find the mean and variance of the distribution.

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