Question 11 CO/1 pt 0 3 #99 0 Details A company estimates that 0.3% of their products will fail after the original warranty period but within 2 years of the purchase, with a replacement cost of $300. If they offer a 2 year extended warranty for $37, what is the company's expected value of each warranty sold? Question Help: [) Video Submit Question Question 12 GO/1pt 03 99 0 Details A company estimates that 9% of their products will fall after the original warranty period but within 2 years of the purchase, with a replacement cost of $200. If they want to offer a 2 year extended warranty, what price should they charge so that they'll break even (in other words, so the expected value will be of Question Help: Written Example Submit Question Question 13 GO/1 pt 03 99 0 Details In a lottery game, a player picks six numbers from 1 to 25. This gives 177100 possible ways of choosing six numbers, and just one winning combination. If the player matches all six numbers, they win 20,000 dollars. Otherwise, they lose $1. What is the expected value of this game? S Submit Question Question 14 GO/1 pt 0 ] # 99 0 Details A bag contains 1 gold marbles, " silver marbles, and 30 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $3. If it is silver, you win $2. If it is black, you lose $1. What is your expected value if you play this game! Question Help: Video Submit Question Question 15 GO/1 pt 0 ] # 99 0 Details Kyd and North are playing a game. Kyd selects one card from a standard 52-card deck. If Ryd selects a face card (Jack, Queen, or King), North pays him $5. If Kyd selects any other type of card, he pays North $2. a) What is Kyd's expected value for this game? Round your answer to the nearest cent. $ bj What is North's expected value for this game? Round your answer to the nearest cent. $ c) Who has the advantage in this game? [select an answer Submit Question Question 16 @ W/ pt 03 # 99 0 Details Probability Scores 0.15 O. 15 0.3 6 0.1 0.3 10 Find the expected value of the above random variable, Submit