Reconside the Warranty costs problem of Session 20. Suppose that the company has collected more accurate data for the life of a camera: So, the probability that a camera will fail in year 1 is 0.03 , in year 2 is 0.31 , in year 3 is 0.39 , etc. Assume that all failures happen in the middle of the year, so the probability that it fails after 0.5 year is 0.03 , after 1.5 years is 0.31 , after 2.5 years is 0.39 , etc. Also, the management has decided to limit the replacement to only 1 camera. Therefore, they will not replace a replaced camera any more. Simulate 1000 replications to estimate, for a given sale, the average profit under these new information