Mathematics, 20.09.2020 05:01 ralphy34
Suppose you work for a company that manufactures electronics. The development analysts estimate that 5% of their flagship product will fail within 2 years of the purchase date, with a replacement cost of $ 1200. A newly hired associate at the company proposes to charge $ 50 for a 2-year warranty. 1. Compute the expected value of this proposal. Let X be the amount profited or lost (by the company) on the warranties and P(X) is the probability. 2. Interpret the expected value in complete sentences.
Answers: 1
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Brainliest ! which of the coordinates are not of th vertices of the feasible region for the system of inequalities y≤4,,x≤5,x+y> 6 a(2,4) b(0,6) c(5,4) d(5,1)
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Suppose you work for a company that manufactures electronics. The development analysts estimate that...
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