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A company has 2 machines that produce widgets.An older machine produces 23% defective widgets,while the new machine produces only 8% defective widgets.In addition,the new machine produces 3 times as many widgets as the older machine does.What is the probability that a randomly chosen widget produced by the company is defective?
Product/Supplies Revenues
Income generated from the sale of goods, products, or supplies by businesses to consumers or other businesses.
Exclusive Territory
A designated geographical area in which a sales representative or distributor is given the sole right to sell a product.
Franchise Agreement
A franchise agreement is a legal, binding contract between a franchisor and franchisee, outlining the terms and conditions for the franchisee to operate a franchised business, including use of trademarks, operational guidelines, and financial obligations.
Renewal
The process of extending the term of an agreement, updating or refurbishing something, or restoring vitality to an idea, building, or system.
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