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A company produces products at a cost of $38 each. Defective products cost an additional $15...

A company produces products at a cost of $38 each. Defective products cost an additional $15 each to repair. The probability of no defective products is 80%. The probability of 5% defective products is 20%. What is the expected cost of producing 500 products? $

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orchestra answered 2 years ago
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