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Science-Related Homework Help Statistics and Probability Topic started by: trancy on Jan 8, 2020



Title: Mamma Temte bakes six pies a day that cost $2 each to produce. On ...
Post by: trancy on Jan 8, 2020
Provide an appropriate response.

Mamma Temte bakes six pies a day that cost $2 each to produce. On 38% of the days she sells only two pies. On 22% of the days, she sells 4 pies, and on the remaining 40% of the days, she sells all six pies. If Mama Temte sells her pies for $4 each, what is her expected profit for a day's worth of pies? [Assume that any leftover pies are given away.]

-$7.96

▸ $16.16

▸ $4.16

-$8.00


Title: Mamma Temte bakes six pies a day that cost $2 each to produce. On ...
Post by: Antoinette12 on Jan 8, 2020
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