You Take a Trip by Air That Involves Three Independent

question 105

Multiple Choice

You take a trip by air that involves three independent flights. If there is a 90 percent chance each specific leg of the trip is done on time, what is the probability all three flights are late?

• A) 0.729
• B) 0.810
• C) 0.270
• D) 0.271
• E) 0.001

---

Definitions:

Implied Warranty

A legal assumption that a product is fit for its intended purpose, even if not expressly stated by the seller.

Merchantability

A guarantee that a product will meet reasonable quality and performance standards for sale to customers.

Merchantable

A legal term referring to goods that meet basic quality standards and are fit for the purpose for which goods of that kind are usually purchased.

UCC

Represents the Uniform Commercial Code, a broad series of legal provisions that regulate commercial activities across the United States.