Find the Probability. -A Battery Company Has Found That the Defective Rate of of Its

question 140

Multiple Choice

Find the probability.
-A battery company has found that the defective rate of its batteries is 0.03. Each day, 22 batteries Are randomly tested. On Tuesday, 1 is found to be defective. Round to the nearest thousandth.

• A) 0.110
• B) 0.614
• C) 0.118
• D) 0.348

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Definitions:

Cash Registers

Electronic or mechanical devices used to calculate and record sales transactions, and to store cash for daily business operations.

Internal Control

Methods and protocols established by an enterprise to protect the veracity of its financial and accounting reports, support ethical conduct, and prevent malfeasance.

Electronic Funds Transfer

Electronic Funds Transfer (EFT) is the digital transfer of money from one bank account to another, either within the same financial institution or across different institutions.

Disbursement System

The system and processes involved in paying out money from an organization or fund.