A company offers a 2 year warranty to consumers on a product for $60. Replacing the product to a consumer who purchases the warranty costs the company $480 The quality control division estimates that 0.81% of their products will fail within the first 2 years. What is the company's expected value for each warranty sold?

Question 1 of 10 2 points different groups of 50 graduates of an engineering school were asked the starting annual salary for their first engineering job after graduation, and the sampling variability was low. if the average salary of one of the groups was $65,000, which of these is least likely to be the average salary of another of the groups? o a. $64,000 o b. $65,000 o c. $67,000 o d. $54,000