(a) Calculate E(X) and then E(5-X). E(X)= E(5-X) = 150 [(5-X)] (b) Would the repair facility be better off charging a flat fee of $70 or else the amount $ The repair facility --Select--- be better off charging a flat fee of $70 because E 150 (5-X). = 1² E ( =) = E(M) ਸ Note: It is not generally true that E
(a) Calculate E(X) and then E(5-X). E(X)= E(5-X) = 150 [(5-X)] (b) Would the repair facility be better off charging a flat fee of $70 or else the amount $ The repair facility --Select--- be better off charging a flat fee of $70 because E 150 (5-X). = 1² E ( =) = E(M) ਸ Note: It is not generally true that E
Chapter7: Matrices And Determinants
Section7.2: Operations With Matrices
Problem 12ECP
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![Possible values of X, the number of components in a system submitted for repair that must be replaced, are 1, 2, 3, and 4 with corresponding probabilities 0.35, 0.15, 0.35, and 0.15, respectively.
(a) Calculate E(X) and then E(5 - X).
E(X)
E(5-X) =
(b) Would the repair facility be better off charging a flat fee of $70 or else the amount $
150
(5-X)
The repair facility ---Select--- be better off charging a flat fee of $70 because E
]=
150
(5-X)]
? Note: It is not generally true that : E ( =) =
E(Y)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd1507ef8-c387-4f95-9ab7-d384c0c17d2a%2Feead6657-aceb-4263-987d-7620261755d6%2Fmsvsgm_processed.png&w=3840&q=75)
Transcribed Image Text:Possible values of X, the number of components in a system submitted for repair that must be replaced, are 1, 2, 3, and 4 with corresponding probabilities 0.35, 0.15, 0.35, and 0.15, respectively.
(a) Calculate E(X) and then E(5 - X).
E(X)
E(5-X) =
(b) Would the repair facility be better off charging a flat fee of $70 or else the amount $
150
(5-X)
The repair facility ---Select--- be better off charging a flat fee of $70 because E
]=
150
(5-X)]
? Note: It is not generally true that : E ( =) =
E(Y)
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