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William is part of the engineering testing team investigating the number of functioning and nonfunctioning microchips produced from the new manufacturing process. The probability of getting a functioning microchip is 0.75.
a) What is the probability of getting 7 functioning microchips from 10 tests?
b) What is the mean, variance and standard deviation of functioning microchips from 15 independent tests?
Remember to show ALL your workings; marks are allocated based on the details provided.
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