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Solve the problem.
-Suppose there is a 0.009 chance the main computer will fail in a given time period and a 0.012 chance the backup computer will fail while the main computer is being repaired. Assume that the Failures are independent. Find the probability of both computers being down.
Base Pay
The initial rate of compensation an employee receives, excluding any additional benefits, bonuses, or overtime.
Annual Merit Raise
An increase in salary given yearly based on an employee's performance evaluation.
Performance Appraisal
The systematic evaluation of an employee's performance on the job, typically including both qualitative and quantitative assessments.
Base Pay
The initial salary or wage given to an employee excluding any extra benefits, bonuses, or raises, which serves as the foundation for total compensation.
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