Question: What is the EVPI? Answer format: Number: Round to: 1 decimal places. c Attempts Remaining: 1 A company makes electronic gadgets. 2% are faulty, the

faulty, the company doesn't know which ones are faulty until a buyer

What is the EVPI? Answer format: Number: Round to: 1 decimal places. c Attempts Remaining: 1 A company makes electronic gadgets. 2% are faulty, the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $190 profit on each sale, but suffers a loss of $8 for every faulty gadget because they have to repair the unit. What is the profit(or loss) the company can expect to make from selling 100 units?. Answer format: Number: Round to: 1 decimal places. Attempts Remaining: 1 What is the EVPI? Answer format: Number: Round to: 1 decimal places. Attempts Remaining: 1

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