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When truckload of apples arrives a a packing plant, a random sample of 150 is selected and examined for bruises, discoloration, and other defects.
When truckload of apples arrives a a packing plant, a random sample of 150 is selected and examined for bruises, discoloration, and other defects. The whole truckload will be rejected if more than 5% of sample is unsatisfactory. Suppose that in fact 8% of the apples on the truck do not meet the desired standard. What's the probability that the shipment will be accepted anyway?