TABLE 6-7 A Company Has 125 Personal Computers. the Probability That Any

question 159

Essay

TABLE 6-7
A company has 125 personal computers. The probability that any one of them will require repair on a given day is 0.15.
-Referring to Table 6-7 and assuming that the number of computers that requires repair on a given day follows a binomial distribution, compute the probability that there will be exactly 10 computers that require repair on a given day using a normal approximation.

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Uniform Commercial Code

An extensive collection of regulations designed to oversee business dealings across the United States, aiming to standardize the legal framework throughout all 50 states.

Obligations

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Tender

An offer by a party in a contract to perform, along with being ready, willing, and able to perform, a duty outlined in that contract.