CALCULUS:  APPLIED APPROACH LOW COST MA
CALCULUS: APPLIED APPROACH LOW COST MA
10th Edition
ISBN: 9780357265161
Author: Larson
Publisher: CENGAGE L
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Chapter A2, Problem 41E

Quality Control In determining the reliability of a product, a manufacturer determines that it should expect 0.05 %   ±   0.01 % of the units to be defective. The manufacturer offers a money-back guarantee on this product. How much should be budgeted to cover the refunds on 150,000 units? (Assume that the retail price is $ 195.99.

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