Risk, Insurance & ProbabilityExpected Value
Is the Warranty Worth It?
Price the extended warranty with real odds
The cashier offers a $79 protection plan for your new TV. A good deal for you, or a great one for the store?
You'll find out
- What a plan is worth on average
- How much of the price the store keeps
- What the FTC says to check
Why it matters
Plans get pitched at the register, when there's no time for math. Here the math comes first. The decision stays yours.
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