An electronics retailer is developing a model for insurance on new cell phone purchases. It estimates that 60% of customers never make a claim25% require a small repair costing an average of $50and 15% require a full refund costing $200. What is the average cost the retailer should expect to pay to each customer?

Answers

Answer 1

Answer:

$42.50

Step-by-step explanation:

$42.50 will cover the costs of all people who request full refunds, while still allowing the company to profit.

Answer 2

The average cost the retailer should expect to pay to each customer if It estimates that 60% of customers never make a claim is $4250.

What is average?

The average is a numeric figure that represents a big amount of data in a single way. The average mark of the class is calculated by averaging the students' grades in a given subject.

It is more important to understand how the class as a whole performed than how each individual student performed.

Given:

It estimates that 60% of customers never make a claim, 25% require a small repair costing an average of $50 and 15% require a full refund costing $200,

Calculate the average cost as shown below,

Assume there are 100 customers, then,

The average cost = 25% of 100 × 50 + 15% of 100 × 200

The average cost = 25 × 50 + 15 × 200

The average cost = 1250 + 3000

The average cost = 4250

Thus, the average cost the retailer should expect to pay to each customer is $4250.

To know more about average:

https://brainly.com/question/28123159

#SPJ5


Related Questions

According to the Oxnard College Student Success Committee report in the previous year, we believe that 25% of students struggle in their classes because they don't spend more than 8 hours studying independently outside of a 4-unit class. For this year, you would like to obtain a new sample to estimate the proportiton of all Oxnard students who struggle in their classes because they don't study enough outside of the classrooms. You would like to be 99% confident that your estimate is within 1% of the true population proportion. How large of a sample size is required? Do not round mid-calculation

Answers

Answer:

sdfghj

Step-by-step explanation:

Solve the system of linear equations by substitution.Check your solution.

Answers

Step-by-step explanation:

x=-2

y=-1

........................

Pls help I’ll brainlest due ASAP

Answers

There is no picture Attached
The equation $145 - $30x = $55

Hi can someone help me out. This is due by the end of the day.​

Answers

Answer:

It's called the diameter of the circle

Using complete sentences, describe the net of a rectangular prism with a length of 12 centimeters, a width of 9 centimeters, and a height of 5 centimeters.

Answers

Answer:

it would be 12 multiple by 9 then add the 5 centimeters

Step-by-step explana


What is the multiplier for a 30% decrease. *


Answers

Answer:

0.7

Step-by-step explanation:

Let the number to be decreased be x. To decrease x by 30 %, the result will be

= x - 30% * x

= x - 0.3x

= 0.7x

From above, the result is 0.7 multiplied by the number to be reduced. Hence the multiplier is 0.7

Solve the following system of linear equations by graphing:
2x + 2y = 10
8x + 8y = 24

Answers

Answer:

Step-by-step explanation:

-8x - 8y = -20

8x + 8y = 24

0 ≠ 4

2y = -2x + 10

y = -x + 5

8y = -8x + 24

y = -x + 3

inconsistent

How many 3/4s fit into 3

Answers

4 use a calculator 3/.75=4

The area of a rectangular garden is 120 square meters. The width is 4 meters longer than one-half of the length. Find the
length and the width of the garden. Use the formula, area = length • width.

Answers

Answer:

Step-by-step explanation:

“The area of a rectangular garden is 120 square meters.”

LW = 120

“The width is 4 meters longer than one-half of the length.”

W = 0.5L + 4

L = 2W-8

Substitution

(2W-8)W = 120

2W^2-8W-120 = 0

W^2 -4W-60 = 0

W = 10, -6

-6 is an extraneous solution.

W = 10 meters

L = 2W-8 = 12 meters

A drum has a diameter of 26 inches and is 15 inches deep. Find the volume of this drum.

Answers

Answer: 7964.97 in³

Step-by-step explanation:

A drum is a cylinder. Therefore, we will have to calculate the volume of a cylinder which will be:

Volume = πr²h

where π = 3.142

r = Diameter/ 2 = 26/2 = 13

h = 15

Volume = πr²h

= 3.142 × 13² × 15

= 3.142 × 169 × 15

= 7964.97 in³

Convert 199º to radians. Round to 2 decimal places.

Answers

Answer:

3.47

Step-by-step explanation:

Answer: 199π/180

Step-by-step explanation:

The formula for converting degrees to radians is [tex]x[/tex]°·[tex]\frac{\pi }{180}[/tex]

In this case, that gives you [tex]\frac{199\pi }{180}[/tex]. 199 is a prime number, so this can't be simplified down any further.

Also, the formula for converting radians to degrees is just the opposite: you multiply your radian measure by [tex]\frac{180}{\pi }[/tex] to cancel out pi.

Hope this helps :)

A triangular prism and two nets are shown:

A right triangular prism is shown with two nets. The triangular base of the prism has height 5 inches, base 12 inches, and hypotenuse 13 inches. The length of the prism is 17 inches. Net A has 3 rectangles having dimensions 5 by 17, 17 by 12, and 17 by 13, and two triangles having legs 12 inches and 5 inches. Net B has 3 rectangles having dimensions 5 by 13, 13 by 12, and 13 by 17, and two triangles having legs 5 inches and 12 inches.

Which is the correct net of the prism and what is the surface area of the prism?

a
Net A with 570 square inches
b
Net A with 590 square inches
c
Net B with 502 square inches
d
Net B with 514 square inches

Answers

Answer:

B) i did the test no worries

Step-by-step explanation:

Can someone help me im having a hard time

Answers

It’s the blue one


Good luck
It’s blue .............

HELP PLEASE IT IS EASY I SWEAR PLEASE HELP I SWEAR IT EASY PEASY

Answers

The Height is 15cm Pls give thanks

Answer:

the answer is 15

Step-by-step explanation:

helppppppppppp pleaseeee

Answers

Answer:

25

Step-by-step explanation:

Mori just replaced the showerhead in her bathroom. the old one used 5.75 gallons per minute of water. Her new showerhead uses 2.5 gallons per minute. how many times has much water did Mori's old showerhead use?​

Answers

Answer:

3.25

Step-by-step explanation:


a square is cut from rectangle the side length of the square is half of the unknown with W the area of the Shaded region is 84 square inches write an equation you can use to find the width in inches ​

Answers

Answer:

Step-by-step explanation:

Just give me the answer

is 8.1 greater than or less than 5.1 it's math and it's 4th grade​

Answers

Answer:

8.1 is greater than 5.1

Step-by-step explanation:

Answer:

8.1 is greater than 5.1

Step-by-step explanation:

there is no explanation

hope this helps. have a good day!

please solve and receive brain list ​

Answers

Answer:

-1 and -4

Step-by-step explanation:

Answer:

x = -1 y = -4

Step-by-step explanation:

6x + 2y = -14

-12x + 5y = -8

x= -1

y = -4

Find the Value of x. Please help. I will give you 69 points

Answers

30°, 120°, 55°, 36°,65°

Answer:

65°, 120°, 55°, 30°, 36°

Step-by-step explanation:

Q1

2x + 50° = 180°2x = 130°x = 65°

Q2

x is the sum of supplementary angles of 125° and 115°

x = 180° - 125° + 180° - 115° = 55° + 65° = 120°

Q3

x = 25° + (45° - 15°) = 25° + 30° = 55°

Q4

(180° - 60°) - 3x = 90° - 2x120° - 90° = 3x - 2xx = 30°

Q5

2x + 3x = 180°5x = 180°x = 36°

A store manager combines trail mix that is 30% raisins with a trail mix that is 55% raisins. He makes 800 lbs of trail mix that is 40% raisins. How many pounds of each trail mix does the manager use?

Answers

Answer:

320 pounds of 55% raisins trail mix

480 pounds of 30% raisins trail mix

Step-by-step explanation:

i did it on RSM and got it right

find x of 25:100::x:160​

Answers

Answer:

40

Step-by-step explanation:

25: 100 :: x: 160

25:100 :: 40 :160

i did in this way but i cant show the correct explanation do u want explanation or is final answer enough?

~~~~~~~~~

Here is the way i idid, its not the proper way ik i forgot the correct way

but here it is for ur reference

25 x 4 = 100 :: 4x = 160

x = 160 / 4 = 40

Find the mean. Round to the nearest tenth if necessary.
37.4, 11.7, 35.4, 18.6, 5.7, 48.8, 18.9, 30, 15.1, 26.6, 35.7, 40.2

Answers

Answer:

27

Step-by-step explanation:

The actual mean is 27.008333333333, round that as you will.

Answer:

27 is the answer

Step-by-step explanation:

Took the test and got it right

Write an expression that shows 10 *4.

Answers

5x8= 10x4
40=40
40 is equal to 40

Sally is teaching a nursery rhyme to her kindergarten students. She found that 4 out of every 10 students know the rhyme. If Sally has a total of 20 students, how many students in her class know the rhyme?

Answers

Step-by-step explanation:

the answer is

[tex]= \frac{4}{10} \times 20 = 8[/tex]

A classroom has a presentation system that consists of four components, each of which must activate if the system is to work adequately. The first component has a reliability of 0.97, the second component has a reliability of 0.99, the third component has a reliability of 0.97, and the fourth component has a reliability of 0.93. What is the overall system reliability

Answers

Answer:

0.87

Step-by-step explanation:

According to the scenario, computation of given data are as follows,

As, each must be activated, this shows that components are in series.

So, we can calculate reliability of system by using following formula,

System reliability with components in series = System reliability 1 × System reliability 2 × System reliability 3 × System reliability 4

So, overall system reliability  = 0.97 × 0.99 × 0.97 × 0.93

overall system reliability = 0.866 or 0.87

The length of a rectangle is 2 times it’s width. The area of the rectangle is 72 square inches. Find the dimensions of the rectangle

Answers

Answer: 72 divided by 2 is 9. So the length is 9

Step-by-step explanation:

A triangle has sides with lengths of 3 feet, 6 feet, and 8 feet is it a right triangle?

Answers

Answer:

[tex]Solution,\\Longest~side(h) = 8ft.\\Perpendicular(p) = 3ft.\\Base(b) = 6ft.\\Now, \\h^2 = (8)^2 = 64sq.ft.\\p^2+b^2 = 3^2+6^2 = 9+36 = 45sq.ft.\\Since, h^2\neq p^2+b^2, ~the~triangle~is~not~a~right~triangle.[/tex]

tan a= 12/15, a lies in quadrant 3, and cos x= -20/29, x lies in quadrant 2. find sin (a+x).
a) 345/377 b) 135/377 c) -152/377 d) 352/377

Answers

Answer:

c) -152/377

Step-by-step explanation:

yan po ang tamang sagot ko..

A bag contains 3 blue marbles, 7 red marbles, and 5
yellow marbles. If Joe picks 1 marble from the bag at
random, what is the probability that it will be blue?

Answers

Answer:

3 out of 15 I believe is the answer

Step-by-step explanation:

there are 3 blue marbles so he already has a chance out of 3, then I believe you add them all together which is 15 :) hope this helps

Other Questions
Geography was important on the Eastern Front because:A. large rivers protect Russia from invasion.B. Russia's high mountains are hard to cross.C. Russian winters are long and harsh.D. the Germans were not used to fighting in the hot, arid desert. What can affect whether banks or other financial insututions areinterested in offering an individual a loan?A. Financial knowledgeB. Personal creditC. Financial experienceD. Business credit 1. As a speaker, do you think that we need to consider our audience interms of their race, gender and age? WhyI hope someone can answer this... Please help Solve log x=4. your opinion on the alien and sedition acts why is Bill Joy so successful? Question: Do you think School is necessary during a worldwide pandemic because its stressing kids mental health and focus. If so explain why its still necessary A rectangular auditorium seats 1302 people. The number of seats in each row exceeds the number of rows by 11. Find the number of seats in each row 15 POINTSso continue these lyrics in the comments: (aka me neglecting my mountain of assignments)BREATHING IN THE DARK, LYING ON ITS SIDE NEED HELP ASAP!!!!!!!!!!! Multiply and simplify. Show work(3x 2)(5x2 7x + 2) thanks if you can help or just try it's appreciated. 6 N M 8N What is the net force? In 1976, a certain model of car cost $5,000. What would be the cost of that car in 2012 dollars? Express your answer rounded to the nearest cent 5 divided by 7/8this is my qeustion A rectangular garden has an area of 3/5 square miles. If its length is 7/8 miles, what is itswidth?Input your answer as a fraction. PLEASE HELP!!Which are fast, powerful flows of wind in-bedded in global wind systems?A. sea breezesB. subtropical highsC. westerliesD. jet streams Lisa ran 3 1/2 miles in 21 minutes at that rate how long will it take her to run 5 miles Help fast and if u get I right i will make u Brainly thing Fill in the blanks to explain how atheme is developing in the story.Ana sees David in theHe explains he's following herby helping his teacher.And seemsTheseand keeping an eye on David's flat top in the crowd, Anawaited until she knew he was headed in the right directionbefore turning toward her own homeroom.Later, Ana glimpsed David walking past her classroom."May I go to the bathroom?" she asked the teacher.Once in the hallway, Ana speed-walked to reach Davidand then, fists balled on her hips, she demanded, "Whatare you doing? You should be in class.""I'm running an errand for Mr. Johnson, David said,holding up an envelope as evidence.Ana cocked her head. "Really?""Yeah," said David. "I'm taking this to the office. Youonce told me to stand out for a good reason, not a badone. Now Mr. Johnson will always remember that Ivolunteered to help him."Ana unfurled her fingers, slipped her hands into herback jeans pockets, and eyed David suspiciously."Okay, but you'd better hurry, or Mr. Johnson will thinkyou're messing around.""I got this, sis," said David.details help develop an idea abouthow younger siblings oftentheir oldersiblings. In 1998 paleoanthropologist Rick Potts of the Smithsonian institution published an article in the yearbook of physical anthropology a peer reviewed Journal the article was titled environmental hypotheses of hominin evolution in his paper pots provided evidence to support his claim that gray variations and environmental conditions over time or responsible for the attacks ability of humans and the success of our species why might this not be the best article to reference?