On August 1, 2021, a company accepts an $8,000, 9-month note receivable. For 2021, the company reports interest revenue of $200.
1 answer:
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Answer:
(A) 0.006593 or 0.6593%
(B) 0.01538 or 1.538%
Step-by-step explanation:
The total number of possibilities to pick 3 parts out of 15 possible parts is given by the following combination:
(A) There are only three possibilities for which the inspector finds exactly one nonconforming part (NCC, CNC, CCN). Therefore, the probability is:
(B) There are three possibilities for which the inspector finds exactly one nonconforming part, three possibilities for two nonconforming parts (NNC, CNN, NCN), and one possibility for all nonconforming parts (NNN). The probability that the inspector finds at least one nonconforming part is: