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SCENARIO 6-7
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 Scenario 6-7,which of the following is one of the properties required so that the binomial distribution can be used to compute the probability that no more than 2 computers will require repair on a given day?
Implied Warranty
A legal term for the assurance that a product is suitable for its intended purpose even if it's not explicitly stated.
Merchant Status
A classification under the Uniform Commercial Code for individuals or entities acting in a commercial capacity, demonstrating knowledge or expertise specific to the goods involved in the transaction.
Product Design
The process of imagining, creating, and iterating products that solve users' problems or address specific needs in a given market.
Contributory Negligence
A legal doctrine that reduces the amount of damages a plaintiff can receive based on their own negligence contributing to the harm.
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