Answer:
The average loss for this device is $10.90
Step-by-step explanation:
Given data
Specification = 24 +/- 0.4 Amps
average quality cost = $32.00
average value y = 23.9
standard deviation s = 0.211 Amps
32 = k(24.4 - 24)²
32 = k(0.4)² = k(0.16)
k = 32/0.16 = 200
To evaluate average loss, use
L = k{s² + (y - T)²}
T = 24A
L = 200{0.211² + (23.9 - 24)²}
L = $10.90
The average loss for this device is $10.90