(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

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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)
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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