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Two companies, A and B, drill wells in a rural area. Company A charges a flat fee of 3095 dollars to drill a well regardless of its depth. Company B charges 1180 dollars plus 9 dollars per foot to drill a well. The depths of wells drilled in this area have a normal distribution with a mean of 240 feet and a standard deviation of 35 feet. Find the mean amount charged by Company B to drill a well. Enter the exact answer. H = i dollars

Two companies, A and B, drill wells in a rural area. Company A charges a flat fee of 3095 dollars to drill a well regardless of its depth. Company B charges 1180 dollars plus 9 dollars per foot to drill a well. The depths of wells drilled in this area have a normal distribution with a mean of 240 feet and a standard deviation of 35 feet. Find the mean amount charged by Company B to drill a well. Enter the exact answer. H = i dollars

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Two companies, A and B, drill wells in a rural area. Company A charges a flat fee of 3095 dollars to drill a well regardless of its depth. Company B charges 1180 dollars plus 9 dollars per foot to drill a well. The depths of wells drilled in this area have a normal distribution with a mean of 240 feet and a standard deviation of 35 feet. Find the mean amount charged by Company B to drill a well. Enter the exact answer. μ = i dollars
Transcribed Image Text:Two companies, A and B, drill wells in a rural area. Company A charges a flat fee of 3095 dollars to drill a well regardless of its depth. Company B charges 1180 dollars plus 9 dollars per foot to drill a well. The depths of wells drilled in this area have a normal distribution with a mean of 240 feet and a standard deviation of 35 feet. Find the mean amount charged by Company B to drill a well. Enter the exact answer. μ = i dollars
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