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Author Question: A cell phone company offers a simple extended warranty plan. If your phone is damaged, they will ... (Read 555 times)

jman1234

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on: Aug 31, 2019
A cell phone company offers a simple extended warranty plan. If your phone is damaged, they will repair it for up to $50. If you lose or destroy your phone, they will give you a $200 voucher towards a new phone. The company believes that 5% of customers will need the replacement voucher and 10% will request a repair.

If the company charges $25 for this extended warranty, what is the expected value of the profit they will earn?
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Marked as best answer by jman1234 on Aug 31, 2019

strudel15

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Reply #1 on: Aug 31, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jman1234

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Reply #2 on: Aug 31, 2019
Thanks


strudel15

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Reply #3 on: Aug 31, 2019
Welcome :)


Rachel Mitchell

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Reply #4 on: Apr 21, 2020
thanks!


Kevin Valdez

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Reply #5 on: Dec 18, 2020
Thank you


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Reply #6 on: Feb 24, 2021
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