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Fed [463]
4 years ago
10

Suppose you work for a company that manufactures electronics. The development analysts estimate that 5% of their flagship produc

t will fail within 2 years of the purchase date, with a replacement cost of $ 1200. A newly hired associate at the company proposes to charge $ 50 for a 2-year warranty. 1. Compute the expected value of this proposal. Let X be the amount profited or lost (by the company) on the warranties and P(X) is the probability. 2. Interpret the expected value in complete sentences.
Mathematics
1 answer:
givi [52]4 years ago
6 0
I’m not sure but I tried
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2.3+0.02(x+20)-4.8=-9<br><br> Solve for x
Naya [18.7K]

Answer:

x=-345

Step-by-step explanation:

2.3+0.02\left(x+20\right)-4.8=-9

\mathrm{Multiply\:both\:sides\:by\:}100

2.3\cdot \:100+0.02\left(x+20\right)\cdot \:100-4.8\cdot \:100=-9\cdot \:100

230+2\left(x+20\right)-480=-900

\mathrm{Subtract\:}230-480\mathrm{\:from\:both\:sides}

230+2\left(x+20\right)-480-\left(230-480\right)=-900-\left(230-480\right)

2\left(x+20\right)=-650

\mathrm{Divide\:both\:sides\:by\:}2

\frac{2\left(x+20\right)}{2}=\frac{-650}{2}

x+20=-325

\mathrm{Subtract\:}20\mathrm{\:from\:both\:sides}

x+20-20=-325-20

\bold{x=-345}

5 0
3 years ago
Helpppppp meeeeeee plssssss!!!!!!!!!!!!!!!1
V125BC [204]

Answer:

-12

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4 0
3 years ago
Read 2 more answers
if tom spins the spinner 80 times work out an estimate for the number of times the spinner will land on 3 please help me
NNADVOKAT [17]

Answer:

The estimated number of times the spinner will land on 3 is 20.

Step-by-step explanation:

The complete question is:

A four-sided spinner is provided. If Tom spins the spinner 80 times then work out an estimate for the number of times the spinner will land on 3.

Solution:

Assume that the four-sided spinner is unbiased.

That is all the four outcomes are equally likely to be selected.

The probability that the spinner lands on any of the four numbers is:

P(1) = P (2) = P (3) = P (4) = 0.25

It is provided that Tom spins the spinner <em>n</em> = 80 times.

The spinner can land on any of the four numbers independently.

The random variable <em>X</em>, defined as the number of times the spinner lands on 3, follows a Binomial distribution with parameters <em>n</em> = 80 and <em>p</em> = 0.25.

The expected value of <em>X</em> is:

E(X)=np

        =80\times 0.25\\=20

Thus, the estimated number of times the spinner will land on 3 is 20.

7 0
3 years ago
Simplify -7(-4p+1) + 2p
mariarad [96]

Step-by-step explanation:

-7(-4p+1) + 2p

-7 x -4 = 28p

-7 x 1 = -7

28p + 2p = 30p

so

30p-7

8 0
3 years ago
Lines c and d are perpendicular. if the slope of line c is -4, what is the slope of line d?
torisob [31]
The slope of line d is 1/4.
8 0
3 years ago
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