subject
Mathematics, 29.10.2020 16:10 kukisbae

A new car battery is sold with a two-year warranty whereby the owner gets the battery replaced free of cost if it breaks down during the warranty period. Suppose an auto store makes a net profit of $20 on batteries that stay trouble-free during the warranty period; it makes a net loss of $10 on batteries that break down. The life of batteries is known to be normally distributed with a mean and a standard deviation of 40 and 16 months, respectively. a. What is the probability that a battery will break down during the warranty period? (Round your answer to 4 decimal places.) b. What is the expected profit of the auto store on a battery? (Do not round intermediate calculations. Round your answer to 3 decimal places.) c. What is the expected monthly profit on batteries if the auto store sells an average of 500 batteries a month? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:00, CarQuestionl506
If a translation of t-3,-8(x, y) is applied to square abcd what is the y-coordinate of b'? the y-coordinate of is 43 mark this and return save and exit next submit
Answers: 1
image
Mathematics, 21.06.2019 21:30, cooboy
Jake bakes and sell apple pies. he sells each pie for $5.75 . the materials to make the pies cost $40. the boxes jake puts the pies in cost & 12.50 total. how many pies does jake need to sell to earn a profit of $50
Answers: 3
image
Mathematics, 21.06.2019 22:00, IsabellaGracie
State one method by which you can recognize a perfect square trinomial.
Answers: 1
image
Mathematics, 22.06.2019 03:30, avree6692
What is the value of x in the equation 1/5x - 2/3y = 30 , when y = 15
Answers: 1
You know the right answer?
A new car battery is sold with a two-year warranty whereby the owner gets the battery replaced free...

Questions in other subjects:

Konu
Geography, 28.01.2021 20:30
Konu
Mathematics, 28.01.2021 20:30
Konu
Mathematics, 28.01.2021 20:30
Konu
Mathematics, 28.01.2021 20:30