Using the binomial distribution, it is found that:
- 0.9599 = 95.99% probability that the company will find 2 or fewer defective products in this batch.
- 0.0066 = 0.66% probability that 4 or more defective products are found in this batch.
-----------------
For each product, there are only two possible outcomes, either it is defective, or it is not. The probability of a product being defective is independent of any other product, which means that the binomial distribution is used to solve this question.
Binomial probability distribution
The binomial probability is the<u> probability of exactly x successes on n repeated trials.</u>
is the number of different combinations of x objects from a set of n elements, given by:
And p is the probability of a success on a single trial.
-----------------
- 24 products means that

- 3.2% are defective, thus

-----------------
The probability that <u>2 or fewer are defective</u> is:

In which




Thus

0.9599 = 95.99% probability that the company will find 2 or fewer defective products in this batch.
-----------------
The probability that <u>4 or more are defective</u> is:

In which

Then





Thus


0.0066 = 0.66% probability that 4 or more defective products are found in this batch.
A similar problem is given at brainly.com/question/23780714