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If the extended warranty on a car costs $200 and average repair bill is $1000, then what is the probability of a breakdown if the company offering the warranty expects to break even?
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Mar 1, 2021
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If the extended warranty on a car costs $200 and average repair bill is $1000, then what is the probability of a breakdown if the company offering the warranty expects to break even?
Mathematics
middle-school
Werediver
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Answer:
The answer is 5%
Explanation:
Fsimkovic
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