What Is the Probability That a Machine Will Have to Wait

question 28

Multiple Choice

What is the probability that a machine will have to wait for service with two operators?

• A).654
• B).090
• C).346
• D).910
• E).016

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Definitions:

Per Share

A term used to describe a financial ratio or statistic as it relates to one individual share of stock.

Annual Dividends

The total amount of dividend payments a company pays out to its shareholders in one year.

Desired Rate of Return

The minimum return an investor expects to achieve by investing in a particular asset, taking into account the asset's risk level.

Share

A unit of ownership in a company that entitles the holder to a proportion of the corporation's assets and profits.