In most cases when the lights go out it a minor problem needing only $15 to repair the plan, this happens 55% of the time. About 40% of the time the electrician must do a little bit more work do weather and it cost Elizabeth about $30 to fix the electricity. Very rarely, the electricity problem is severe, and the electrician must dig into the ground. This corts Elizaheth about a $100 to repair.

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Author:Amos Gilat
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Chapter1: Starting With Matlab
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In most cases when the lights go out it a minor problem needing only
$15 to repair the plan, this happens 55% of the time. About 40% of the
time the electrician must do a little bit more work do weather and it
cost Elizabeth about $30 to fix the electricity. Very rarely, the electricity
problem is severe, and the electrician must dig into the ground. This
costs Elizabeth about a $100 to repair.
Transcribed Image Text:In most cases when the lights go out it a minor problem needing only $15 to repair the plan, this happens 55% of the time. About 40% of the time the electrician must do a little bit more work do weather and it cost Elizabeth about $30 to fix the electricity. Very rarely, the electricity problem is severe, and the electrician must dig into the ground. This costs Elizabeth about a $100 to repair.
14) Suppose that the electrician must add $5 to all the prices, what is
the new expected cost and standard deviation?
Transcribed Image Text:14) Suppose that the electrician must add $5 to all the prices, what is the new expected cost and standard deviation?
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