Solved: Having the engine tested will cost 20 if it is out of tune, Basic Statistics

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Having the engine tested will cost 20 if it is out of tune

1. You are about to drive to your cottage. If your car's engine is out of tune, your gas cost will increase by 100. Having the engine tested will cost $20. If it is out of tune repairs will cost $60. Before testing, the probability is 30% that the engine is out of tune. What should you do?

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Basic Statistics: Having the engine tested will cost 20 if it is out of tune

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