Mathematics, 16.09.2021 08:00 pearlielb
The probability that equipment used in a hospital lab will need recalibration is given in the following table. A service firm is willing to perform maintenance and do any necessary calibrations for a fee of $700 per month. Recalibration costs $450 per time. (Round the answer of "Expected cost of recalibration" to nearest whole number.)
Number of Recalibrations01234
Probability of Occurrence.10.20.35.15.20
What is the Expected Cost of recalibration?
Service Contract Cost?
Which approach would be most cost-effective, recalibration as needed or the service contract?
multiple choice
a. Service contract
b. Recalibration
c. Both methods are the same
Answers: 2
Mathematics, 21.06.2019 18:30
If you have the following equation, 2/3x+5/6-x=2-3/4x what would you multiply each term by to get rid of all the fractions
Answers: 3
Mathematics, 21.06.2019 21:30
Carl's candies has determined that a candy bar measuring 3 inches long has a z-score of +1 and a candy bar measuring 3.75 inches long has a z-score of +2. what is the standard deviation of the length of candy bars produced at carl's candies?
Answers: 1
Mathematics, 21.06.2019 23:00
According to the general equation for conditional probability if p(anb)=3/7 and p(b)=7/8 what is p(a i b)
Answers: 1
The probability that equipment used in a hospital lab will need recalibration is given in the follow...
Mathematics, 18.03.2021 01:40
Mathematics, 18.03.2021 01:40
Mathematics, 18.03.2021 01:40
Chemistry, 18.03.2021 01:40
English, 18.03.2021 01:40
Mathematics, 18.03.2021 01:40