Examlex
Suppose that a firm offers secret discounts to 200 customers in a particular industry to attract those customers from a competitor firm.If there is a 2% probability that any one of those customers will disclose the pricing,what is the probability that the firms competitors will hear from one of those 200 customers? Suppose there are instead 20 buyers to which discounts are offered.What is the probability then that the competitors may find out about one of the discounts?
Seafloor Spreading
The process by which new oceanic crust is formed at mid-ocean ridges and slowly moves outward from the ridge, contributing to continental drift.
Kilometers Wide
A measurement indicating that the width of a geographical feature or object extends for several kilometers.
Basaltic Lava
A type of lava originating from mafic rock, characterized by low viscosity and a high content of magnesium and iron, making it very fluid.
Iron-Rich Minerals
Minerals that contain a significant amount of iron, such as hematite, magnetite, and siderite, crucial for various geological and industrial processes.
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