[Solution Library] A manufacturer of electronics products expects that 1% of units fail during the warranty period. A sample of 400 independent units is
Question: A manufacturer of electronics products expects that 1% of units fail during the warranty period. A sample of 400 independent units is tracked for warranty performance.
- What is the expected number of failures during the warranty period?
- What is the probability that none fails during the warranty period?
- What is the probability that more than five units fail during the warranty period?
- What is the probability that the number of failures will be between one standard deviation of the mean value?
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