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Write a MATLAB script to simulate the outcomes of 1000000 trials. Determine the relative proportion of the outcomes in which the bolt will not fit into the assembly. Comment on whether or not the resultant probability is adequately low and how you would go about increasing/decreasing the odds of having defective parts. Note that maintaining very low probabilities of finding defective parts is not necessarily optimal as it implies very tight tolerances and, therefore, high manufacturing and assembly costs.

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Write a MATLAB script to simulate the outcomes of 1000000 trials. Determine the relative proportion...

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