(d) The production cost of a phone battery is $100 and the selling price to the mobile company is $500. When the phone battery is found defective within a year, it could be sent back for repairment, which costs "SmartB" $70. Suppose all defective phone battery would be reported by the customer within a year and would be sent back for repairment. Present the probability distribution function of the profit gained by “SmartB" from a phone battery. (Remark: Profit = revenue – cost) (e) Calculate the expectation, variance, and standard deviation of the profit gained by "SmartB" from a phone battery.

(d) The production cost of a phone battery is $100 and the selling price to the mobile company is $500. When the phone battery is found defective within a year, it could be sent back for repairment, which costs "SmartB" $70. Suppose all defective phone battery would be reported by the customer within a year and would be sent back for repairment. Present the probability distribution function of the profit gained by “SmartB" from a phone battery. (Remark: Profit = revenue – cost) (e) Calculate the expectation, variance, and standard deviation of the profit gained by "SmartB" from a phone battery.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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