A Certain Type of Battery Has a 0

question 93

Multiple Choice

A certain type of battery has a 0.5% failure rate. Find the probability that a shipment of 1,000 batteries has more than two defective batteries.

• A) 0.175
• B) 0.125
• C) 0.875
• D) 0.600

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Definitions:

Incorporated

The process by which a business is legally declared a corporate entity, separate from its owners.

Piercing The Veil

A legal concept that allows courts to hold shareholders or members of a corporation personally liable for the corporation's actions or debts under certain circumstances.

Nonprofit Corporation

An organization established for purposes other than making a profit, which typically benefits the public, a specific group of individuals, or the membership of the nonprofit.

Church Donations

Contributions made by individuals or entities to a church, which can be monetary or in the form of goods and services.