The manufacturer of metal pistons found that on

Question

The manufacturer of metal pistons found that on average 12% of the pistons are rejected because they are oversize or undersize. What is the probability that in any group of 10 pistons:

1- Not more than 2 pistons are rejected
2- At least 2 pistons are rejected
3- How would you interpret these results in terms of profitability and loss of revenues
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