The Real Estate Commission's discipline of licensees may include a fine, public censure, license suspension, or license revocation.

A statistic that indicates the distribution's dispersion is called measures of variability

Indicate whether the statement is true or false

Each week American Stores receives a shipment from a supplier. The contract specifies that the maximum allowable percent defective is 5 percent. When the shipment arrives, a sample of 20 parts is randomly selected

If 2 or more of the sampled parts are defective, the shipment is rejected and returned to the supplier. Assume that a shipment arrives that actually has 4 percent defective parts and the distribution of defective parts is described by a binomial distribution. The probability that the shipment is rejected is approximately 0.19. Indicate whether the statement is true or false