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NYSE Floor Talk

NYSE Floor Talk

Drata is aiming to make compliance effortless and accessible for its customers with its security and compliance automation platform. Hear from Co-Founder...

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‪This is what it's like to take... - New York Stock Exchange

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SOLVED:US A trading company uses eight computers to trade on the New York Stock Exchange (NYSE). The probability of a computer failing in a day is 0.005, and the computers fail independently. Computers are repaired in the evening, and each day is an independent trial. a. What is the probability that all eight computers fail in a day? b. What is the mean number of days until a specific computer fails? c. What is the mean number of days until all eight computers fail on the same day?

SOLVED:US A trading company uses eight computers to trade on