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The percentage of monthly targets achiev...

The percentage of monthly targets achieved in producing a certaina type of bolts in a company for differen months is given in the following tabel:

Find the probability that the company achieved 80% of the monthly target in producing the bolts.

Text Solution

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The total number of months for which target is fixed =6.
The numbre of months the company achieved 80% of the target fixed =3.
`:.` P(achieving 80% of the target in producing bolts) `=(3)/(6)=(1)/(2)=0.5`.
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