Mathematics, 05.02.2021 21:30, milamdaniela
As the head of inventory for Knowway computer company, you were thrilled that you had managed to ship 2 computers to your biggest client the day the order arrived. You are horrified, though, to find out that someone had restocked refurbished computers along with the new computers in your storeroom. The shipped computers were selected randomly from the 15 computers in stock, but 4 of those were actually refurbished. If your client gets 2 new computers, a is wel. If they receive one refurbished computer, it will be sent back at your expense ($100), and you can replace it. However, if both are refurbished, then the client will cancel the order for the month, and you will lose $1000. What is the expected value of your loss?
Answers: 3
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