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Fed [463]
3 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]3 years ago
6 0
I’m not sure but I tried
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10% of what is 7???!!!
madreJ [45]

Answer:

0.7

Step-by-step explanation:

3 0
2 years ago
I really don't understand this. Would someone please send me on how to do this along with the answers?
patriot [66]
Easiest way:

Look at A and C. To get from A to C you need 6 steps to the right and 2 steps upwards. 
Slope means (in layman's terms) that how many steps you take upwards when you take 1 step to the right. 
In your case you take 2/6 steps, because it would take you 6 steps to the right to go 2 steps upwards.
A slope of 4 would mean that 1 step to the right is followed by 4 steps upwards. A slope of -5 means 1 step to the right, 5 steps downwards.

To get from A to E you need 9 steps to the right and 3 steps upwards. This means a 3/9 slope. The simplest form of it is 1/3. 
1/3 slope means that for every 3 steps to the right you take 1 step upwards. 

I hope this was understandable, this is how they taught me this in 5th grade more than a decade ago. 
6 0
3 years ago
Read 2 more answers
Round to the nearest thousand.Find the estimated answer 9526 -5329=
BaLLatris [955]

Answer:

4000

Step-by-step explanation:

9526-5326=4197

When rounded off gives 4000

8 0
2 years ago
A traditional postage stamp has a width of 4/5 inches and a length of 9/10. What is the area of a traditional postage stamp?
Illusion [34]
4/5*9/10= 36/50 = 18/25

Just multiply the fractions straight across since area is length*height
5 0
3 years ago
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If four times a number plus 3 is 11, what is the number
garri49 [273]
4x + 3 = 11
4x = 11 -3
4x = 8
x =8/4
x =2

answer
the number is 2
3 0
3 years ago
Read 2 more answers
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