Mrs. james is planning to purchase one of two household appliance contracts. company a offers a repair contract that covers an unlimited number of repairs for $12.99 per month. company b charges $75 per repair but does not charge a monthly fee. the table lists the probability, based on customer reviews, of the number of repairs required over one year.

Abc manufacturing has a policy that it will reject a shipment of parts from its supplier if inspectors find any defective parts in a random sample of 6 parts from the shipment. the supplier has been in business many years and has a long-term defective rate for parts of 6.2% what is the probability that a shipment will be rejected after a given sample of parts is checked?