Judging from Recent Experience, 5 Percent of the Computer Keyboards

question 89

Multiple Choice

Judging from recent experience, 5 percent of the computer keyboards produced by an automatic, high-speed machine are defective. If six keyboards are randomly selected, what is the probability that more than 3 of the keyboards are defective?

• A) 0.167
• B) 0.0001
• C) 0.0000
• D) 1.00
• E) 0.2321

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Definitions:

Assets

Economic resources controlled by a business, capable of producing value, and are expected to benefit future operations, including cash, inventory, and property.

Creditors' Claims

Rights of lenders to receive payment from a borrower or from a borrower’s assets.

Liabilities

Liabilities represent obligations or debts that a company owes to external parties, which are expected to be settled through the outflow of resources or services.

Assets

Resources owned or controlled by a business or individual, expected to bring future economic benefits.