Find probability that at least one of integer code is five
A locksmith is preparing an electronic key code of 4 integers selected from the set {0, 1, 2, 3, 4, 5, 6, 7, 8, 9} without replacement. Calculate the probability that at least one of integer in the code is 5.
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The inside diameter of a cylinder has specifications 1 +/- .03 cm. The machining process output follows a normal distribution with mean 1 cm and standard deviation .1 cm. Determine the percentage of production that will meet the specifications.
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Vidovich Corp. produces and sells renewable energy equipment. To finance its operations, Vidovich Corp. issued $1,412,000 of 25-year, 13% callable bonds on January 1, 2014, with interest payable on January 1 and July 1.
Compute the following probability by using Poisson distribution: no calls in 15 minute period, 2 or less calls in 15 minute period, and, receiving 20 calls in an hour.
Cypress Oil Company's December 31, 2013, balance sheet listed $645,000 of notes receivable and $16,000 of interest receivable included in current assets. The following notes make up the notes receivable balance.
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