Based on Past Experience,only 0

question 191

Short Answer

Based on past experience,only 0.5% of the invoices of a company contain an error.Out of the 1,500 invoices that the company will issue,what is the approximate probability that less than 4 invoices will contain an error?

---

Definitions:

Corporate Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.

Creativity

Capacity to develop novel solutions to perceived organizational problems.

Free-Rein

A leadership style that gives individuals or teams full control and minimal oversight over their work or projects, emphasizing autonomy.

Democratic Leaders

Leaders who prioritize the participation of team members in the decision-making process, valuing diversity of thought and encouraging open dialogue.