What is the probability that the next audit will reveal 0 non-conformances?
A company producing marker pens conducts external audits once production of a lot is completed. Several audits on 50 pens revealed 3 minor non-conformances. What is the probability that the next audit will reveal 0 non-conformances?
OPTIONS
- 0.05
- 0.07
- 0.1
- 0.12
ANSWER
0.05
EXPLANATION
Using Binomial standard distribution formula, 0.05 is correct.