jermainewebb13 jermainewebb13
  • 11-10-2017
  • Mathematics
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A company estimates that 0.6% of their products will fail after the original warrant period but within 2 years of the purchase, with a replacement cost of $300. If they offered a 2 year extended warranty for $29, what is the conpanys expected value of each warranty sold?

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roxylolcool4 roxylolcool4
  • 11-10-2017
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