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Statistics Assignment | Professional Writing Services

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February 12th, 2020

An LG Dishwasher, which costs $800, has a 20% chance of needing to be replaced in the first 2 years of purchase.

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A two-year extended warrantee costs $112.10 on a dishwasher. What is the expected value of the extended warranty assuming it is replaced in the first 2 years?

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