Skip to content
# Suppose that the profit a Honda dealership makes on selling an Accord is random and is given by the following probability distribution:

Suppose that the profit a Honda dealership makes on selling an Accord is random and is given by the following probability distribution:36% of the time the profit is 800, 26% of the time the profit is 1100; 18% of the time the profit is 1500; and otherwise, the profit is 1900. What is the expected value of the profit the dealership makes on selling an Accord? (please express your answer using 2 decimal places)

## Leave a comment

Professional Essay Writing Services

887290 733620How considerably of an appealing guide, keep on generating much better half 680327