Problem $8-79$A $($Algorithmic$)$

Warranties

Mason Auto Repair specializes in the repair of foreign car transmissions. To encourage business, Mason offers a $6-$month warranty on all repairs. The following data are available for $2019$:

$\backslash$table$[[$Transmissions repaired, $2019,2,300],[$Expected frequency of warranty claims,$0\mathrm{.}03$ per repair$],[$Actual warranty claims, $2019,$$$24,200$