If the Number of Defective Items Selected at Random from a Parts

question 115

Multiple Choice

If the number of defective items selected at random from a parts inventory is considered to follow a binomial distribution with n = 50 and p = 0.10, the expected number of defective parts is:

• A) 5
• B) approximately 2.24
• C) more than 10
• D) 0.5

---

Definitions:

Perfected

A term typically used in law to describe a state where a security interest or lien is officially established or completed, ensuring protection and priority.

Secured Interest

An interest in personal property or fixtures that secures payment or performance to a creditor.

Personal Property

Tangible, movable objects.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States.