Given the Following Data, Find the Expected Breakdown Cost

question 123

Essay

Given the following data, find the expected breakdown cost. The cost per breakdown is $100.
$$\begin{array} { | l | c | c | c | c | } \hline \text { Number of breakdowns } & 0 & 1 & 2 & 3 \\\hline \text { Monthly frequency } & 5 & 20 & 23 & 2 \\\hline\end{array}$$

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Definitions:

Assumption

A thing that is accepted as true or as certain to happen, without proof.

Justification

A reason or argument that explains why a particular action, belief, or statement is reasonable or necessary.

Premise

A prior assertion or claim from which another conclusion is drawn or follows logically.

Simp

Slang for someone who demonstrates excessive sympathy or attention towards another person, often without reciprocation.