A Vaccine Is 95 Percent Effective

question 147

Multiple Choice

A vaccine is 95 percent effective. What is the probability that it is not effective for 1 and only 1 individual out of 20 individuals?

• A) .2642
• B) .6415
• C) .3584
• D) .3774

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Definitions:

Quality Defects

Imperfections or flaws in a product or service that deviate from specified standards and can negatively affect customer satisfaction.

Efficiency

The ability to accomplish a task or goal using the least amount of resources or time, often measured in terms of output per unit of input.

Competitive Strategy

Refers to a long-term plan formulated by a company to gain a competitive advantage over its rivals in the industry.

Organization Structure

The arrangement of departments, roles, and responsibilities within a company, defining how activities are directed to achieve goals.