statistics help me please

Sigchi4life
Category:
Mathematics
Price: $5 USD

Question description

A printing press is considering buying a printing machine. They have two quotations from two different companies.

Company A: The basic cost is $9,500, and a repair contract of $75 per month covers unlimited repairs.
Company B: The basic cost is $13,500, and the company offers a repair contract that charges $150 per repair.

The probability of the number of repairs to the printing machine offered by Company B is given in the table.

Number of Repairs0123
Probability0.320.290.250.14

If the press replaces the machine every four years, which statement is true?

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