On a Particular Production Line, the Likelihood That a Light

question 84

Multiple Choice

On a particular production line, the likelihood that a light bulb is defective is 5%. Ten light bulbs are randomly selected. What is the probability that two light bulbs will be defective?

• A) 0.0105
• B) 0.0746
• C) 0.3151
• D) 0.5987

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, often used for depreciation calculations.

Total Operating Income

The profit achieved from a company's core business operations, excluding deductions of taxes and interest.

Net Cash Inflows

The amount by which the cash inflow from operations exceeds its cash outflow, usually measured within a specific period.

Net Cash Inflow

The excess of cash receipts over cash disbursements during a certain period, reflecting the liquidity generated from operations.