Instruction 5-1 The Probability That a Particular Type of Smoke Alarm Will

question 96

Short Answer

Instruction 5-1
The probability that a particular type of smoke alarm will function properly and sound an alarm in the presence of smoke is 0.8.You have 2 such alarms in your home and they operate independently.
-Referring to Instruction 5-1,the probability that at least one sounds an alarm in the presence of smoke is ________.

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Definitions:

Service Departments

Units within an organization that provide support services to other departments but do not directly contribute to revenue generation.

Return On Investment

A measure used to evaluate the profitability of an investment, calculated as a ratio of net profit to the initial cost of the investment.

Invested Assets

Assets that are purchased or acquired for the purpose of generating income or appreciating in value, such as stocks, bonds, and real estate.

Net Income

The total earnings of a company after subtracting all expenses, taxes, and losses from total revenue, indicating the firm's profitability over a specific period.