Mathematics, 25.02.2021 06:50, chimmyy14
a company estimates 0.3% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $450. if they offer a 2 year extended warranty for $42, what is the companys expected value of each warranty sold?
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a company estimates 0.3% of their products will fail after the original warranty period but within 2...
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