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Instruction 6.8 A Company Has 125 Personal Computers. the Probability That Any

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Instruction 6.8
A company has 125 personal computers. The probability that any one of them will require repair on a given day is 0.15.
-Referring to Instruction 6.8 and assuming that the number of computers that requires repair on a given day follows a binomial distribution,compute the probability that there will be exactly 10 computers that require repair on a given day using a normal approximation.


Definitions:

Maturity Date

The final payment date of a loan or financial instrument, at which point the principal (and all remaining interest) must be paid.

Notes Receivable

Claims against others, recorded by an entity, that are evidenced by promissory notes, indicating the others’ promises to pay specified amounts at predetermined dates.

Current Liabilities

Current liabilities are a company's debts or obligations due within one year, appearing on the balance sheet and requiring the use of current assets.

Time to Maturity

The remaining lifespan of a debt instrument, indicating the length of time until the principal amount must be repaid.

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