A product consists of six parts. The reliabilities of these parts are 0.82, 0.73, 0.79, 0.00, 0.98, and 0.85, respectively. Based on this information, we can say the product ______.
A. has a low probability of failure
B. will never fail
C. will always fail
D. has a low-to-medium probability of failure
C. will always fail
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A financial manager must choose between four alternative Assets: 1, 2, 3, and 4. Each asset costs $35,000 and is expected to provide earnings over a three-year period as described below
Based on the wealth maximization goal, the financial manager would choose ________. A) Asset 1 B) Asset 2 C) Asset 3 D) Asset 4
In an agency relationship, the agent is a neutral party regarding contracts between the principal and third parties
a. True b. False Indicate whether the statement is true or false
In their book The Millionaire Next Door, Dr. Thomas Stanley and William Danko state that ________ percent of self-employed millionaires are entrepreneurs.
Fill in the blank(s) with the appropriate word(s).
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings. Employers are required to
match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.