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Find the probability.
-In a certain college, 33% of the physics majors are ethnic minorities. A random sample of 10 Physics majors is chosen. Find the probability that exactly 2 are ethnic minorities. Round to the Nearest ten-thousandth.
Debt
Debt represents money borrowed by one party from another, under the condition that it is to be paid back with interest, typically used for business operations or purchases.
Operating Leverage
A measure of how sensitive a company's operating income is to a change in its sales volume.
Labor-saving Equipment
Tools or machinery designed to reduce the amount of labor needed to perform a job, often leading to enhanced efficiency and lower labor costs.
Analytical Technique
Methods or procedures used to systematically analyze data or solve problems through logical reasoning and empirical evidence.
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