Question

Rohan Datta has bought a VCR from Balaji Electronics at a cost of Rs. 3000. He now has the
option of buying an extended service warranty offering 5 years of coverage for Rs. 1000.
After talking to friends and reading to reports, Rohan believes the following maintenance
expenses could be incurred during the next five years:
Expense: 0 500 1000 1500 2000 2500 3000
Probability: 0.35 0.25 0.15 0.10 0.08 0.05 0.02
Find the expected value and variance of the anticipated maintenance costs. Should Rohan pay
Rs.1000 for the warranty?​

Answer 1

Answer:

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Step-by-step explanation:

jjjuclass 7 social describe the various sources of history of mediaeval India.