Judging from Recent Experience,5% of the Computer Keyboards Produced by an Automatic,high-Speed

question 14

Multiple Choice

Judging from recent experience,5% of the computer keyboards produced by an automatic,high-speed machine are defective. If six keyboards are randomly selected,what is the probability that none of the keyboards are defective?

• A)0.001
• B)0.167
• C)0.735
• D)0.500

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Definitions:

Sales On Account

represent transactions where goods or services are sold with the agreement that payment will be made at a later date.

Cost Of Goods Sold

The total cost of manufacturing or acquiring the products sold by a company during a specific period, excluding indirect costs.

Acid-Test Ratio

A liquidity metric that measures a company's ability to pay off its current liabilities without relying on the sale of inventory.

Balance Sheet

A statement detailing an organization's assets, liabilities, and owners' equity on a certain date.