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The probability that an assembly line works correctly depends on whether the line worked correctly the last time. Find the probability that the line will work in the long run. Round your answer as appropriate. Works Does not Works 0.5 Does not 0.5 0.3 0.7 O A. 0.5000 B. 0.625 O c. 0.375 OD. 0.475

The probability that an assembly line works correctly depends on whether the line worked correctly the last time. Find the probability that the line will work in the long run. Round your answer as appropriate. Works Does not Works 0.5 Does not 0.5 0.3 0.7 O A. 0.5000 B. 0.625 O c. 0.375 OD. 0.475

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The probability that an assembly line works correctly depends on whether the line worked correctly the last time. Find the probability that the line will work in the long run. Round your answer as appropriate. Works Does not Works 0.5 Does not 0.5 0.3 0.7 O A. 0.5000 B. 0.625 O c. 0.375 OD. 0.475
Transcribed Image Text:The probability that an assembly line works correctly depends on whether the line worked correctly the last time. Find the probability that the line will work in the long run. Round your answer as appropriate. Works Does not Works 0.5 Does not 0.5 0.3 0.7 O A. 0.5000 B. 0.625 O c. 0.375 OD. 0.475
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