A System Is Composed of Three Components

question 22

Multiple Choice

A system is composed of three components. Two of the items are in parallel and have reliabilities of 0.95 and 0.90. The third item has a reliability of 0.98 and this item is in series with the first combination. What is the overall system reliability?

• A) 0.995
• B) 0.985
• C) 0.975
• D) 0.965
• E) 0.955

Recognize the methods of selecting judges in the U.S. court systems.

Distinguish between terms related to court procedural rules.

Comprehend the impact of the Internet on jurisdiction and legal disputes.

Analyze the importance of venue in legal proceedings.

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Definitions:

Gain From Trade

The benefit obtained by countries, organizations, or individuals from engaging in exchange or trade.

Absolute Advantage

The ability of an entity to produce a good or offer a service more efficiently than its competitors when using the same amount of resources.

Absolute Advantage

The capability of an individual, company, or country to produce a good or service at a lower cost per unit than competitors.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade and production.