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Mathematics, 25.12.2020 17:00 Oliviapuffinburger33

A food manufacturer uses an extruder (a machine that produces bite-size cookies and snack food) that yields revenue for the firm at a rate of $200 per hour when in operation. However, the extruder breaks down an average of two times every day it operates. If Y denotes the number of breakdowns per day, and suppose Y follows a Poisson distribution. The daily revenue generated by the machine is R=1600−50Y^2. Find the expected daily revenue for the extruder.

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