5-11 The management of National Sports Stadium is trying to decide how many tickets to print for
an upcoming hockey match. Each ticket costs 5 to print and sells for 25. Any ticket unsold
at the end of the game must be discarded. Based on the past records of such hockey matches
occurring on this ground, the management of the National Sports Stadium has estimated the
following probability distribution for the ticket sales:
Tickets sold
25,000 40,000 55,000 70,000
Probability
0.10
0.30
0.45
0.15
So, based on the above information related to four categories of ticket-sales, what suggestions
would you give to the management with respect to the number of tickets to be printed for the
next match?
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