SOLUTION: A hardware store takes delivery of tool boxes from a manufacturer that produces 2% defective toolboxes. What is the probability that more than two in a shipment of 150 toolboxes is

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Question 689181: A hardware store takes delivery of tool boxes from a manufacturer that produces 2% defective toolboxes. What is the probability that more than two in a shipment of 150 toolboxes is defective?
Answer by stanbon(75887) About Me  (Show Source):
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A hardware store takes delivery of tool boxes from a manufacturer that produces 2% defective toolboxes. What is the probability that more than two in a shipment of 150 toolboxes is defective?
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Binomial Problem with n = 150 ; p(defect) = 0.02
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P(3<= x <= 150) = 1-P(0<= x <=2) = 1 - binomcdf(150,0.02,2) = 0.5791
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Cheers,
Stan H.