1. Office machine costs $10000 to replace unless the problem isfound and fixed.
ID: 2952164 • Letter: 1
Question
1. Office machine costs $10000 to replace unless the problem isfound and fixed. Repair calls from any service technician costs$500 each and you're willing to spend $2000 to get the machinefixed. You estimate that a pair technician has 25% chance of fixingit.- Find the estimated amound spent on this machine (You must spend$10000 for a new one if you do not find a vendor that pairsyours)
2. Find:; SD( X+2Y ) where variables X and Y havethe means 100 and 120, respectively, and standard deviations 10 and20, respectively
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