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Exhibit 5-9

question 68

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Exhibit 5-9.On a particular production line,the likelihood that a light bulb is defective is 5%.Ten light bulbs are randomly selected. Refer to Exhibit 5-9.What is the probability that two light bulbs will be defective?


Definitions:

Date of Record

The specific date set by a corporation on which the shareholders must be on the company's books in order to receive a declared dividend or participate in a corporate action.

Cash Dividends

Payments made by a corporation to its shareholder members from its profits or reserves.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

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