An Appliance Manufacturer Gives a Warranty and 95 Percent of Its

question 47

Multiple Choice

An appliance manufacturer gives a warranty and 95 percent of its appliances do not require repair before the warranty expires. An organization buys 10 of these appliances. Calculate an interval that contains 95.44 percent of all the appliances that will not require repair.

• A) [8.12, 10.88]
• B) [7.43, 11.57]
• C) [8.81, 10.19]
• D) [8.55, 10.45]

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Definitions:

Growth Mindset

A belief that abilities and intelligence can be developed through dedication and hard work, embracing challenges, and seeing failure as an opportunity for growth.

Fixed Mindset

A belief that one's abilities, intelligence, and talents are fixed traits and cannot significantly grow.

Entrepreneurial Mindset

The ability to quickly sense, take action, and get organized under uncertain conditions.

Uncertain Conditions

Situations or contexts characterized by unpredictability, variability, and the potential for unexpected changes or outcomes.