Solved: Method of a procedure-acceptance sampling, Accounting Basics

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Method of a procedure-acceptance sampling

Problem:

With one method of a procedure called acceptance sampling, a sample of items is randomly selected without replacement and the entire batch is accepted if every item in the sample is okay. A company has just manufactured 1152 CDs, and 87 are defective. If 10 of these CDs are randomly selected for testing, what is the probability that the entire batch will be accepted?

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Accounting Basics: Method of a procedure-acceptance sampling

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