The frequency of breakdown of a machine that issues lottery tickets is given in the following table.
Question:
The frequency of breakdown of a machine that issues lottery tickets is given in the following table. Repairs cost an average of $ 240. A service firm is willing to provide preventive maintenance under either of two options: # 1 is $ 500 and covers all necessary repairs, and # 2 is $ 350 and covers any repairs after the first one. Which option would have the lower expected cost: pay for all repairs, ser-vice option # 1, or service option #2?
Transcribed Image Text:
Number of Breakdowns/Month Frequency of Occurrence 10 30 30 2010
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
Pay for All Repairs Approach Determine expected cost of the repair approach For each number of break...View the full answer
Answered By
Diane Joyce Pastorin
Please accept my enthusiastic application to solutioninn. I would love the opportunity to be a hardworking, passionate member of your tutoring program. As soon as I read the description of the program, I knew I was a well-qualified candidate for the position.
I have extensive tutoring experience in a variety of fields. I have tutored in English as well as Calculus. I have helped students learn to analyze literature, write essays, understand historical events, and graph parabolas. Your program requires that tutors be able to assist students in multiple subjects, and my experience would allow me to do just that.
You also state in your job posting that you require tutors that can work with students of all ages. As a summer camp counselor, I have experience working with preschool and kindergarten-age students. I have also tutored middle school students in reading, as well as college and high school students. Through these tutoring and counseling positions, I have learned how to best teach each age group.