An Inspector Correctly Identifies Defective Products 90% of the Time

question 127

True/False

An inspector correctly identifies defective products 90% of the time. For the next 10 products, the probability that he makes fewer than two incorrect inspections is 0.736.

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Definitions:

Explosive

An explosive is a reactive substance that contains a great amount of potential energy, which can produce an explosion if released suddenly, typically through a rapid expansion of gas.

Financial Loss

The negative impact experienced when expenses exceed revenues, or when assets lose value, affecting an individual's or entity's overall financial health.

Volenti Non Fit Injuria

A defence in torts based on the plaintiff’s voluntarily assuming a clear legal risk.

Physical Risk

Refers to the likelihood of bodily harm or injury in a given environment or activity.