A pizza shop sells three sizes of pizza, and they track how often each size gets ordered along with how much they profit from each size. Let X represent the shop's profit on a randomly selected pizza. Here's the probability distribution of X along with summary statistics: Small Medium Large
X = profit ($) 4 8 12
P(X) 0.18 0.50 0.32
Mean: μX = $8.56
Standard deviation: σx =$2.77
The company is going to run a promotion where customers get $2 off any size pizza. Assume that the promotion will not change the probability that corresponds to each size. Let Y represent their profit on a randomly selected pizza with this promotion. What are the mean and standard deviation of Y?