The acceptance scheme for purchasing lots containing a large number of batteries is to test no more than75 randomly selected batteries and to reject a lot if a single battery fails. Suppose the...

6. Answers must be in 4 decimal places with correct units and complete solution.

Extracted text: The acceptance scheme for purchasing lots containing a large number of batteries is to test no more than75 randomly selected batteries and to reject a lot if a single battery fails. Suppose the probability of a failure is 0.001. a. What is the probability that a lot is accepted? b. What is the probability that a lot is rejected on the 20th test? c. What is the probability that it is rejected in 10 or fewer trials?