Business, 24.10.2019 16:43 samafeggins2

7. a company estimates that 2% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $350. if they want to offer a 2-year extended warranty, what price should they charge so that they'll break even (in other words, so the expected value will be 0).

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7. a company estimates that 2% of their products will fail after the original warranty period but wi...

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