This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A small business just leased a new computer and color laser printer for three years. The service ... (Read 156 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Aug 31, 2019
A small business just leased a new computer and color laser printer for three years. The service contract for the computer offers unlimited repairs for a fee of $100 a year plus a $25 service charge for each repair needed. The company's research suggested that during a given year 86% of these computers needed no repairs, 9% needed to be repaired once, 4% twice, 1% three times, and none required more than three repairs.

The service contract for the printer estimates a mean annual cost of $120 with standard deviation of $30. What is the expected value and standard deviation of the total cost for the service contracts on computer and printer?
Stats: Modeling the World ¦ Bock, Velleman, De Veaux ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kshipps on Aug 31, 2019

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 25% of students answer this correctly


kshipps

  • Member
  • Posts: 571
Reply 2 on: Aug 31, 2019
YES! Correct, THANKS for helping me on my review

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

A small ecosystem. A small ecosystem.
Ishihara color plate for testing color blindness. Ishihara color plate for testing color blindness.
The human hypothalamus (in color) in relation to the optic chiasm and the pituitary gland. The human hypothalamus (in color) in relation to the optic chiasm and the pituitary gland.
Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland
Earth 200 Million Years Ago Earth 200 Million Years Ago
Dark Brown Eye Color Dark Brown Eye Color
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library