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The table shows crashworthiness ratings for several categories of motor vehicles. Take X as the crash-test rating of a small car, Y as the crash-test rating for a small SUV, and so on, as shown in the table. ?
You choose, at random, a small car and a midsize car. What is the probability that both will be rated at most 1 Please round to three decimal places, if necessary.
Zero Balance Account
A zero balance account is a type of bank account that maintains a balance of zero dollars by automatically transferring funds from a master account in the exact amount of transactions clearing the account.
Line of Credit
A flexible loan from a bank or financial institution, where a borrower can access funds up to a specified limit at any time.
Lockbox System
A service provided by banks to process payments quickly by allowing companies to have their customers send payments to a special post office box.
Disbursement Float
The time lag between when a payment is issued by a payer and when the funds are actually withdrawn from the payer's account.
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