Suppose a Computer Chip Manufacturer Rejects 15% of the Chips

question 31

Multiple Choice

Suppose a computer chip manufacturer rejects 15% of the chips produced because they fail presale testing.If you test 3 chips,what is the probability that not all of the chips fail?

• A)0.45
• B)0.9966
• C)0.6141
• D)3.375 ×
• E)0.15

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Definitions:

Seasonal Fluctuations

Variations in economic or business activity that occur as a result of seasonal changes, affecting industries such as tourism, agriculture, and retail.

Sales Competition

A contest among sales personnel or teams to motivate them to increase sales performance and achieve specific targets.

Sales Territory

A designated geographical area assigned to a salesperson or team where they are responsible for conducting business activities.

Merit Pay

A compensation strategy that offers pay increases or bonuses to employees based on their performance accomplishments or achievements, rather than their position or seniority.