subject
Mathematics, 10.08.2021 05:00 teescub9738

The Brady & Matthew Camera Company has just come out with their newest professional quality digital camera, the ToughPix1. The company is selling this camera only through its new mobile app at a profit of $221 per camera. This purchase comes with a guarantee that, barring gross negligence, if the camera breaks in the first two years after purchase, Brady & Matthew will replace it free of charge. Replacing a camera in this way costs the company $4900. Suppose for each ToughPix1 there is a 3% chance that it will need to be replaced exactly once, a 2% chance that it will need to be replaced exactly twice, and a 95% chance that it will not need to be replaced. If Brady & Matthew knows that it will sell many of these cameras, should it expect to make or lose money from selling them? How much? To answer, take into account the profit earned on each camera and the expected value of the cost of replacements of the camera.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:30, nisha87
Which of the following statements is not true? a. parallel lines are lines in the same plane that never intersect. b. congruent figures have the same shape and same size angles and sides. c. similar figures must have the same shape and the same size. d. a rotation is when you turn a figure around a certain point.
Answers: 1
image
Mathematics, 21.06.2019 18:10, ab2019
Drag the tiles to the boxes to form correct pairs. not all tiles will be used. match each set of vertices with the type of quadrilateral they form
Answers: 3
image
Mathematics, 21.06.2019 23:00, princessroseee769
40 points. given: two congruent angles ∠c and ∠r are supplementary. prove: ∠r and ∠c are both right angles. it doesn't have to be exactly 10 rows. statements reasons1. 1. 2. 2. 3. 3. 4. 4. 5. 5. 6. 6. 7. 7. 8. 8. 9. 9. 10. 10.
Answers: 2
image
Mathematics, 21.06.2019 23:30, Thefiles
In stepmber, daniel and justin opened a business. during their first three months of business, their average monthly profit was $51. if during their first month, they lost $29, and during their second month, they gained $115, what was their profit or loss for their third plzzz i will give you 299 points
Answers: 1
You know the right answer?
The Brady & Matthew Camera Company has just come out with their newest professional quality digi...

Questions in other subjects: