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The failure rate in a German class is 30%. In a class of 50 students, find the probability that exactly five studentswill fail. Use the normal distribution to approximate the binomial distribution. Round the standard deviation tothree decimal places to work the problem.
Accumulated Depreciation
The total amount of depreciation expense allocated to a fixed asset since it was put into use.
Cost Of Production
The total expenditure incurred in manufacturing a product or providing a service, including materials, labor, and overhead costs.
Initial Contribution
The initial investment or capital put into a business venture or project by its founders or investors.
Equipment
Tangible assets used in the operation of a business, such as machinery, computers, and vehicles, which are used over a period of time and subject to depreciation.
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