A Production Process Is Known to Produce a Particular Item

question 85

Multiple Choice

A production process is known to produce a particular item in such a way that 5 percent of these are defective.If two items are randomly selected as they come off the production line, what is the probability that the second item will be defective?

• A)0.05
• B)0.005
• C)0.18
• D)0.20

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Definitions:

Corporate Financial Records

Documents that detail a company's financial status, including balance sheets, income statements, cash flow statements, and more.

Marketing Plans

Structured documents that outline a company's strategy for promoting its products or services to potential customers.

Phishing

A cybercrime technique involving the use of fraudulent communications, often emails, to deceive individuals into providing sensitive information.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, usually for financial gain.