Examlex
A company has 125 personal computers. The probability that any one of them will require repair on a given day is 0.025. To find the probability that exactly 20 of the computers will require repair on a given day, one will use what type of probability distribution?
Income Decrease
Income Decrease refers to a reduction in the amount of money received by an individual or entity, often affecting purchasing power and economic stability.
Average Price
The mean cost of a good or service, calculated by summing the prices of all the units sold and dividing by the quantity sold.
Trade Surpluses
A situation in which a country's exports exceed its imports, indicating a positive balance of trade.
Precious Metals
Metals of high economic value, such as gold, silver, and platinum, often used for investment or as currency.
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