A laundry detergent company's 32-ounce bottles pass inspection 98/100 of the time. If the bottle does not pass inspection, the

Question

A laundry detergent company's 32-ounce bottles pass inspection 98/100 of the time. If the bottle does not pass inspection, the company loses the unit cost for each bottle of laundry detergent that does not pass inspection, which is $3.45. If 800 bottles of laundry detergent are produced, about how much money can the company expect to lose?

Kunduz · Accepted Answer

Click to see the answer