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Compute the Probabilities of Hypergeometric Experiments

question 63

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Compute the Probabilities of Hypergeometric Experiments
-A IRS auditor randomly selects 3 tax returns from 50 returns of which 14 contain errors. What is the probability that none of the returns she selects contains an error


Definitions:

Predetermined Overhead

An estimated rate used to allocate manufacturing overhead costs to individual units of production based on a specific activity base.

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