178-(-395)
A positive subtracted by a negative is always positive.
178+395
=573
Answer:
The expected value of each warranty sold is $23.8.
Step-by-step explanation:
0.8% probability of the product failling.
If the product fails, the company will lose 400 - 27 = $373. So a net value of -373.
100 - 0.8 = 99.2% probability of the product not failling.
If the product does not fail, the company gains $27.
What is the company's expected value of each warranty sold?
We multiply each outcome by its probability.
0.008*(-373) + 0.992*27 = 23.8
The expected value of each warranty sold is $23.8.
Answer:
7.47
Step-by-step explanation:
37.35 x 20%
37.35 x .20
7.47
Step-by-step explanation:
12(6) - 7(2) + (6-3)
48 - 14 + 2
36
Answer:
18.68 feet
Step-by-step explanation:
- Just did the quiz
- Also plugged it into a calculator I found online
