Expected profit for a day worth of pies


Mamma Temte bakes 6 pies a day that costs $2 each to produce. On 28% of the days she sells only 2 pies. On 25% of the days, she sells 4 pies, and on the remaining 47% of the days, she sells all 6 pies. If Mamma Temte sells he pies for $4 each, what is her expected profit for a day's worth of pies? {Assume that any leftover pies are given away]

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Basic Statistics: Expected profit for a day worth of pies
Reference No:- TGS0753011

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