A company generally purchases large lots of a certain kind of electronic device. A method is used that rejects a lot if 3 or more defective units are found in a random sample of 100 units. (a) What is...

Extracted text: A company generally purchases large lots of a certain kind of electronic device. A method is used that rejects a lot if 3 or more defective units are found in a random sample of 100 units. (a) What is the probability of rejecting a lot that is 2% defective? (b) What is the probability of accepting a lot that is 4% defective? (a) The probability of rejecting a lot that is 2% defective is (Round to four decimal places as needed.) Enter your answer in the answer box and then click Check Answer.