Ten High-Technology Batteries Are Tested for 200 Hours Each

question 101

Multiple Choice

Ten high-technology batteries are tested for 200 hours each. One failed at 50 hours; all others completed the test. FR(%) is __________ and FR(N) is __________.

• A) 10%; 1/1850
• B) 10%; 1/2000
• C) 25%; 1850 hours
• D) 90%; 1/2000
• E) Indeterminate; no standard deviation is given.

---

Definitions:

Agency

A relationship between two parties in which one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions.

Agreement

One of the four elements necessary for a contract; consists of an offer made by one party, the offeror, and the acceptance of the offer by another party, the offeree.

Agent

Describes a person or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.

Principal

In a contractual or fiduciary relationship, the principal is the party who authorizes an agent to act on their behalf.