A manufacturing company has 5 identical machines that produce nails. The probability that a machine will break down on any given day is .1 . Define a random variable X to be the number of machines that will break down in a day

a. What is the appropriate probability distribution for X?
b. Compute the probability that 4 machines will break down.
c. Compute the probability that at least 4 machines will break down.
d. What is the expected number of machines that will break down in a day?
e. What is the variance of the number of machines that will break down in a day?

a. Binomial
b. 0.00045
c. 0.00046
d. 0.5
e. 0.45

Business

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Three properties are each valued at 120,000. The first property has a loan of 95,000, the second has a loan of 60,000, and the third has no liens. The property with the highest leverage is the

A) one with no liens. B) the one with the 60,000 loan. C) the one with the 95,000 loan. D) both properties with loans

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Many organizations are nowadays installing boardrooms that also function as conference rooms

Indicate whether the statement is true or false.

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