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A company purchases shipments of machine components and uses this acceptance sampling plan: Randomly select and test 22 components and accept the...

A company purchases shipments of machine components and uses this acceptance sampling plan:
Randomly select and test 22 components and accept the whole batch if there are fewer than 3
defectives. If a particular shipment of thousands of components actually has a 7% rate of defects,
what is the probability that this whole shipment will be accepted?
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