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For quality control purposes, a company that manufactures sim chips for cell/smart phones routinely takes samples from its production process.Since it is important that these chips are nearly fault free, one inspection check involves using microscopic equipment to count the number of imperfections on each chip.Suppose the average number of imperfections per 1000 sim chips is 3.What is the probability that a sample of 1000 sim chips has 2 imperfections?
Training Costs
Expenses incurred by an organization for the development and education of its employees, including workshops, courses, and other educational activities.
Skill-based Pay
A compensation system that rewards employees for their skills and knowledge, rather than their job title or position.
Objective
Something that one's efforts or actions are intended to attain or accomplish; purpose; goal; target.
Measurable Performance
Refers to the ability to quantify or assess the effectiveness or output of an employee, project, or organization.
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