Find the indicated probability.
-A manufacturing process has a 70% yield, meaning that 70% of the products are acceptable and 30% are defective. If three of the products are randomly selected, find the probability that all of them are acceptable.
A) 2.1
B) 0.429
C) 0.343
D) 0.027

Question

Quizplus · Accepted Answer

The probability that all three products are acceptable is calculated by multiplying the probability of one product being acceptable (0.7) three times: 0.7 * 0.7 * 0.7 = 0.343.

Find the Indicated Probability