6. a company estimates that .6% of its products will fail after the original warranty period but within a 5-year warranty period, with a replacement of $450. if they offer a 5-year extended warranty for $60, what is the company’s expected value for each policy sold? (round to the penny)

Select the correct answer. ramon applied to the state university in the city where he lives, but he was denied admission. what should he do now? a.change his mind about graduating and drop out of high school so he can start working right away. b. decide not to go to college, because he didn’t have a backup plan. c.stay positive and write a mean letter to let the college know that they made a bad decision. d. learn from this opportunity, reevaluate his options, and apply to his second and third choices.