Mathematics, 24.02.2020 06:01, zayam1626
A company estimated that 0.3% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $200.
If they offer a 2 year extended warranty for $31, what is the company’s expected value of each warranty sold?
Answers: 3
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A company estimated that 0.3% of their products will fail after the original warranty period but wit...
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