The Amount of Drying Time for the Paint Applied to a Plastic

question 98

True/False

The amount of drying time for the paint applied to a plastic component part is thought to be uniformly distributed between 30 and 60 minutes. Currently, the automated process selects the part from the drying bin after the part has been there for 50 minutes. The probability that none of three parts picked are still wet when they are selected is approximately 0.04.

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Definitions:

Debt-Equity Ratio

A financial metric showing the mix of debt and equity used by a company to support its assets.

Investment Needs

The required capital an individual or organization needs to achieve financial goals.

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