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

question 55

Multiple Choice

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,which of the following is one of the properties required so that the binomial distribution can be used to compute the probability that no more than two computers will require repair on a given day?

• A) The number of computers that will require repair in the morning is independent of the number of computers that will require repair in the afternoon.
• B) A randomly selected computer on a given day will either require a repair or will not.
• C) The probability that a computer that will require repair in the morning is the same as that in the afternoon.
• D) The probability that two or more computers that will require repair in a given day approaches zero.

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Definitions:

Excise Tax

This is a tax levied on specific goods, services, or transactions, usually to discourage their use or generate revenue from specific sectors.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity of that good that consumers are willing to purchase.

Product Supply Curve

A graphical representation showing the relationship between the price of a product and the quantity of the product that a supplier is willing and able to supply.