subject
Mathematics, 08.03.2021 02:40 catuchaljean1623

A company estimates that 0.5% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $250.
If they offer a 2 year extended warranty for $19, what is the company's expected value of each warranty
sold?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
Arecipe calls for 32 fluid ounces of heavy cream.how many 1 pint containers of heavy cream are needed to make the recipe?
Answers: 2
question
Mathematics, 21.06.2019 19:40
Suppose that 3% of all athletes are using the endurance-enhancing hormone epo (you should be able to simply compute the percentage of all athletes that are not using epo). for our purposes, a “positive” test result is one that indicates presence of epo in an athlete’s bloodstream. the probability of a positive result, given the presence of epo is .99. the probability of a negative result, when epo is not present, is .90. what is the probability that a randomly selected athlete tests positive for epo? 0.0297
Answers: 1
question
Mathematics, 21.06.2019 23:20
For which pairs of functions is (f•g)(x)=12x? f(x)=3-4x and g(x)=16x-3 f(x)=6x2 and g(x)= 2/x f(x)= and g(x) = 144x f(x)=4x and g(x) =3x
Answers: 1
question
Mathematics, 21.06.2019 23:30
The bottom of ignacio's desktop is 74.5cm from the floor. ignacios sits in his adjustable chair, and the tops of his legs are 49.3cm from the floor. each clockwise rotation of the knob on the chair raises ignacio's legs by 4.8cm. write an inequality to determine the number of clockwise rotations, r, ignacio could make with the knob without his legs touching the desk.
Answers: 3
You know the right answer?
A company estimates that 0.5% of their products will fail after the original warranty period but wit...
Questions
question
World Languages, 20.10.2019 21:20
Questions on the website: 13722360