A company is reviewing a batch of 23 products to determine if any are defective. On average, 3.2 % of products are defective.
-Does this situation describe a binomial experiment, and why?
-What is the probability that the company will find 2 or fewer defective products in this batch? %
-What is the probability that 4 or more defective products are found in this batch? %
-If the company finds 5 defective products in this batch, should the company stop production?