TABLE 6-1 A Company Has 125 Personal Computers. the Probability That Any

question 65

Short Answer

TABLE 6-1
A company has 125 personal computers. The probability that any one of them will require repair on a given day is 0.15.
-Referring to Table 6-1 and assuming that the number of computers that requires repair on a given day follows a binomial distribution, compute the probability that there will be no more than 8 computers that require repair on a given day using a normal approximation.

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Definitions:

Connecting Points

Locations or nodes within a network where different routes or lines come together, facilitating movement or communication.

Expected-Rate-Of-Return

The anticipated percentage of gain or loss an investment is projected to generate, considering the risks involved.

Connecting Points

In the context of networks or transportation, refers to nodes or locations that link various segments or paths, facilitating movement or communication.

Loans

Financial agreements where money is lent to another party in exchange for future repayment of the principal amount along with interest or other finance charges.