E(X) = E(5-X) = (b) Would the repair facility be better off charging a flat fee of $90 or else the amount $ sli 150 [(5-X)] 150 The repair facility ---Select--- ✓be better off charging a flat fee of $90 because E (5-X). Note: It is not generally true that = ( ) = (²]

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Possible values of X, the number of components in a system submitted for repair that must be replaced, are 1, 2, 3, and 4 with corresponding probabilities 0.15, 0.35, 0.15, and 0.35, respectively.
(a) Calculate E(X) and then E(5 - X).
E(X) =
E(5-X) =
$150 [Note: It is not generally true that E
² E ( ² ) = E(M) ·]
(b) Would the repair facility be better off charging a flat fee of $90 or else the amount $
(5-X)]
The repair facility ---Select--- ✓be better off charging a flat fee of $90 because E
=
150
(5-X).
Transcribed Image Text:Possible values of X, the number of components in a system submitted for repair that must be replaced, are 1, 2, 3, and 4 with corresponding probabilities 0.15, 0.35, 0.15, and 0.35, respectively. (a) Calculate E(X) and then E(5 - X). E(X) = E(5-X) = $150 [Note: It is not generally true that E ² E ( ² ) = E(M) ·] (b) Would the repair facility be better off charging a flat fee of $90 or else the amount $ (5-X)] The repair facility ---Select--- ✓be better off charging a flat fee of $90 because E = 150 (5-X).
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