The Most Common Card Reader Is the _______ Card Reader

question 61

Short Answer

The most common card reader is the _______ card reader, which reads encoded information stored on a thin magnetic strip located on the back of the card.

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Definitions:

Expected Number

A statistical term referring to the average value or mean of a random variable, calculated as the sum of all possible values each multiplied by its probability of occurrence.

Unbiased Coin

A term used to describe a fair coin in which each toss is equally likely to come up heads or tails.

Speed Limits

Legal restrictions on the maximum speed at which vehicles may travel on a road.

Binomial Experiment

A statistical experiment that satisfies four conditions: a fixed number of trials, only two possible outcomes, independence of trials, and a constant probability of success.