Discover new information and get your questions answered with IDNLearn.com. Discover prompt and accurate answers from our community of experienced professionals.
a company estimates that 0.1% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $450. if they offer a 2-year extended warranty for $36, what is the company's expected value of each warranty sold? round your answer to the nearest cent.
Sagot :
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. For dependable and accurate answers, visit IDNLearn.com. Thanks for visiting, and see you next time for more helpful information.
