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Mathematics, 25.02.2020 02:58 whittingtondee7084

Possible values of X, the number of components in a system submitted for repair that must be replaced, are 1, 2, 3, and 4 with corresponding probabilities .15, .35, .35, and .15, respectively. a. Calculate E(X) and then E(5 2 X). b. Would the repair facility be better off charging a flat fee of $75 or else the amount $[150/(5 2 X)]

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Possible values of X, the number of components in a system submitted for repair that must be replace...
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