A quality inspector uses a caliper to measure the thickness…
A quality inspector uses a caliper to measure the thickness of a product. If the product falls outside of the manufacturing specifications, it is scrapped. If it falls within the specifications, it continues through the production line. The scrap rate for this specific inspection station is 2.5%. If the inspector evaluates 40 parts on his shift, what is the probability that zero parts are scrapped? Round your answer to the nearest thousandth.