A Machine Shop Has 100 Drill Presses and Other Machines

question 95

Multiple Choice

A machine shop has 100 drill presses and other machines in constant use. The probability that a machine will become inoperative during a given day is 0.0555. During some days no machines are inoperative, but during some days, one, two, three or more are broken down. What is the probability that fewer than two machines will be inoperative during a particular day?

• A) 0.0200
• B) 0.1637
• C) 0.8187
• D) 0.9824
• E) None of the choices are correct

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Definitions:

Future Interest

An interest in real or personal property that will begin at a future date through a legal arrangement, such as a will or trust.

Earnest Money

A deposit made by a buyer to demonstrate commitment to a purchase agreement, often used in real estate transactions.

Serious Offer

An offer made in earnest, usually in a contractual context, implying a genuine intent to enter into an agreement.

Contractual

Pertaining to or involving agreements between two or more parties that are binding and enforceable by law.