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:
3 5/6 = 3 10/12
2 1/3= 2 4/12
3-2=1
10/12-4/12= 6/12=1/2
so Kyle read 1 1/2 more books then Jan
Answer:
x = 10
Step-by-step explanation:
8x - 13 = 5x + 17 (DE = EF)
8x - 5x = 17 + 13
3x = 30
x = 10
