16. Goodlite Company has installed 2,000 electric bulbs of a certain brand. The company follows the policy of replacing the bulbs as and when they fail. Each replacement costs Rs 2. The probability distribution of the life of the bulbs is as given here:

Determine the cost/week of the replacement policy in the long run.

Transcribed Image Text:

Life of bulb (weeks) % of bulbs 1 2 3 4 5 : 0.10 0.30 0.45 0.10 0.05