Question: Given the probabilities below, calculate the expected breakdown cost. Number of Breakdowns _______________ Daily Frequency 0 ....................................................... 3 1 ....................................................... 2 2 ....................................................... 2 3

Given the probabilities below, calculate the expected breakdown cost.
Number of Breakdowns _______________ Daily Frequency
0 ....................................................... 3
1 ....................................................... 2
2 ....................................................... 2
3 ....................................................... 3
Assume a cost of $10 per breakdown.

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