Answer: The required probability is 0.782.
Step-by-step explanation:
Since we have given that
Probability of non conforming parts = 3%
Number of parts is taken = 50
Probability of conforming parts = 100-3=97%
So, using Binomial distribution, we get that
Probability that the process is stopped is given by
[tex]P(X\geq 1)=1-P(X=0)=1-^{50}C_0(0.03)^0(0.97)^{50}\\\\P(X\geq 1)=1-0.218\\\\P(X\geq 1)=0.782[/tex]
Hence, the required probability is 0.782.