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 15:30
Iwill make brain if you me correctly fill this out needs due today pls and send it back to me (click the link and you will get it)
Answers: 2
Mathematics, 21.06.2019 22:00
The two box p digram the two box plots show the data of the pitches thrown by two pitchers throughout the season. which statement is correct? check all that apply. pitcher 1 has a symmetric data set. pitcher 1 does not have a symmetric data set. pitcher 2 has a symmetric data set. pitcher 2 does not have a symmetric data set. pitcher 2 has the greater variation.ots represent the total number of touchdowns two quarterbacks threw in 10 seasons of play
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Mathematics, 21.06.2019 23:30
Which function represents the sequence? f(n)=n+3 f(n)=7nโ4 f(n)=3n+7 f(n)=n+7
Answers: 1
Can someone please explain to me how to figure this out?
Suppose you work for a company that manufa...
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