Barbara Flynn els papers at a newspaper stand for $0.40. The papers cout her $0.30, ging her a 50.10 profe on each one s
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Barbara Flynn els papers at a newspaper stand for $0.40. The papers cout her $0.30, ging her a 50.10 profe on each one s
Barbara Flynn els papers at a newspaper stand for $0.40. The papers cout her $0.30, ging her a 50.10 profe on each one she call. From past experience Batan kons that a) 20% of the time she selle 50 papers b) 20% of the time she sols 100 papers c) 30% of the time she sells 150 papers d) 30% of the time she soils 200 papers Assuming that Barbara believes the cost of a fost sale to be $0.05 and any unsold papers cost her $0.50 and she orders 150 paper Use the following random numbers: 3, 94, 41, 43, and formulating Barbara's proft. (Note: Assume me random number interval begin of and ands at 00) Based on the given probability distribution and the orders for the given random number Barbara's sales and profiter der your responses for singers and all profisponse to places Random Number Sales Profit
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