McKay wants to buy the best refrigerator. Based on the data, which one of the following will he buy?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Lesson 11 Q1

The types of refrigerators, the probability of machines failing in a year, and their repair cost are given in the table.


McKay wants to buy the  best refrigerator. Based on the data, which one of the following will he buy?

A.A1
B.A4
C.C3
D.B2
The types of refrigerators, the probability of machines failing in a year, and their repair cost are given in the table.
Types of Refrigerators
Probability
Repair cost per Machine ($)
А1
B2
C3
А4
0.25
0.23
0.4
0.35
10
8
9
8.5
McKay wants to buy the best refrigerator. Based on the data, which one of the following will he buy?
O A1
A4
C3
B2
Transcribed Image Text:The types of refrigerators, the probability of machines failing in a year, and their repair cost are given in the table. Types of Refrigerators Probability Repair cost per Machine ($) А1 B2 C3 А4 0.25 0.23 0.4 0.35 10 8 9 8.5 McKay wants to buy the best refrigerator. Based on the data, which one of the following will he buy? O A1 A4 C3 B2
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