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Calculation A company estimates that 0.6% of their products will fail after the original warranty period but within 2 years of the purchase, with a

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Calculation A company estimates that 0.6% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $450. If they offer a 2 year extended warranty for $61, what is the company's expected value of each warranty sold? Question Help: Message instructor

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