Iwould really appreciate it. (this is afm btw)
a department store wants to sell eight pu...
Mathematics, 29.12.2019 04:31 jamalchris9353
Iwould really appreciate it. (this is afm btw)
a department store wants to sell eight purses that cost the store $40 each and 32 purses that cost the store $10 each. if all purses are wrapped in forty identical boxes and if each customer picks a box randomly, find:
(a) each customer's expected value if a customer pays $15 for a box.
(b) the department store's total expected profit (or loss) during this sale.
Answers: 2
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