Question: Given the probabilities that follow for Ronny Richardsons print shop, find the expected breakdown cost. The cost per breakdown is $10. NUMBER OF BREAKDOWNS DAILY

Given the probabilities that follow for Ronny Richardson’s print shop, find the expected breakdown cost.

NUMBER OF BREAKDOWNS DAILY FREQUENCY 0 0.3 1 0.2 2 0.2 3

The cost per breakdown is $10.

NUMBER OF BREAKDOWNS DAILY FREQUENCY 0 0.3 1 0.2 2 0.2 3 0.3

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