A Supplier Delivers an Order for 20 Electric Toothbrushes to a Store

question 41

Multiple Choice

A supplier delivers an order for 20 electric toothbrushes to a store. By accident,three of the electric toothbrushes are defective. What is the probability that the first two electric toothbrushes sold are defective?

• A)3/20 or 0.15
• B)3/17 or 0.176
• C)1/4 or 0.25
• D)6/380 or 0.01579

---

Definitions:

Interest Rate

The percentage of a sum of money charged for its use, which can vary depending on the type of loan, the duration, and the risk involved.

Credit Availability

Credit availability denotes the ease with which individuals or businesses can obtain loans or credit from financial institutions.

FDIC

Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits at commercial banks and savings institutions, providing depositor protection against bank failures.

Too-Big-To-Fail

A concept suggesting that certain corporations or institutions are so large and interconnected that their failure would be disastrous to the broader economy, often leading to government intervention.