11. The measurement instruments used in the tool room of a company are found to have a failure rate of 0.01 per year. What does this mean?
11. The measurement instruments used in the tool room of a company are found to have a failure rate of 0.01 per year. What does this mean?
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![11. The measurement instruments used in the tool room of a
company are found to have a failure rate of 0.01 per year.
What does this mean?
In 1 year, 1 in 100 will be found to fail.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F89653541-cbab-44fb-b8e0-b38ae94a31ac%2F482ba667-f2f3-46eb-bc6a-b925f9d1dedd%2F1d4kgdo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:11. The measurement instruments used in the tool room of a
company are found to have a failure rate of 0.01 per year.
What does this mean?
In 1 year, 1 in 100 will be found to fail.
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