Allen Abbott has a wide-curving, uphill driveway leading to his garage. When there is a heavy snow, Allen hires a local carpenter, who shovels snow on the side in the winter, to shovel his driveway. The snow shoveler charges $30 to shovel the driveway. Following is a probability distribution of the number of heavy snows each winter: Heavy Snows Probability 1 .13 2 .18 4 .26 5 .23 6 .10 7 .07   .03   1.00 Allen is considering purchasing a new self-propelled snowblower for $625 that would allow him, his wife, or his children to clear the driveway after a snow. Discuss what you think Allen’s decision should be and why.

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Allen Abbott has a wide-curving, uphill driveway leading to his garage. When there is a heavy snow, Allen hires a local carpenter, who shovels snow on the side in the winter, to shovel his driveway. The snow shoveler charges $30 to shovel the driveway. Following is a probability distribution of the number of heavy snows each winter:

Heavy Snows Probability
1 .13
2 .18
4 .26
5 .23
6 .10
7 .07
  .03
  1.00

Allen is considering purchasing a new self-propelled snowblower for $625 that would allow him, his wife, or his children to clear the driveway after a snow. Discuss what you think Allen’s decision should be and why.

 

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