Mathematics, 31.08.2020 04:01, emilysawyer4363
Can someone please explain to me how to figure this out?
Suppose you work for a company that manufactures electronics. The development analysts estimate that 1% of their flagship product will fail within 2 years of the purchase date, with a replacement cost of $ 1800.
A newly hired associate at the company proposes to charge $ 10 for a 2 year warranty.
a. 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. E=
b. Interpret the expected value in complete sentences. c. Write your review of the proposal and address it to VP of marketing and promotions.
Would the proposal benefit the company? Why or why not?
Include the new proposed cost, new expected value, interpretation of the new expected value, and explanation of how the new cost was chosen.
Answers: 2
Mathematics, 21.06.2019 14:00, pandagorwar
Emma will roll two number cubes labeled 1 through 6. she will record the sum of the two numbers after each roll. she will roll the two cubes 540 times. how many times should emma expect the sum to equal 5?
Answers: 2
Mathematics, 21.06.2019 14:10, jessicapbailey52
Which linear equations have an infinite number of solutions? check all that apply. (x โ 3/7) = 2/7(3/2x โ 9/14)8(x + 2) = 5x โ 1412.3x โ 18 = 3(โ6 + 4.1x)๏ฟผ(6x + 10) = 7(๏ฟผx โ 2)4.2x โ 3.5 = 2.1 (5x + 8)
Answers: 3
Can someone please explain to me how to figure this out?
Suppose you work for a company that manufa...
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