Multiple Choice
A fast food restaurant just leased a new freezer and food fryer for three years. The service contract for the freezer offers unlimited repairs for a fee of $125 a year plus a $35
Service charge for each repair needed. The restaurant's research indicates that during a
Given year 80% of these freezers need no repairs, 11% needed to be serviced once, 5%
Twice, 4% three times, and none required more than three repairs. The standard deviation
Of the number of repairs for this freezer per year is
A) 0.72 repairs.
B) 0.512 repairs2.
C) 1.25 repairs.
D) 2.5 repairs2.
E) 0.33 repairs.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: A specific automotive part that a service
Q19: Suppose that incoming calls per hour to
Q20: A specific automotive part that a service
Q21: For quality control purposes, a company that
Q22: It is estimated that 20% of luxury
Q23: A small business just leased a new
Q24: A fast food restaurant just leased a
Q25: Internet service providers (ISP) need to resolve
Q26: For quality control purposes, a company that
Q28: It is estimated that 20% of luxury