Mathematics
Mathematics, 18.03.2021 03:10, rizha55

1. A manufacturer of phones realizes a profit of $450 for each phone sold. However, defective phones cannot be sold and cost $700 to produce. Find the expected profit if the probability that a phone is defective is 2.5%.

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1. A manufacturer of phones realizes a profit of $450 for each phone sold. However, defective phones...

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