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QUESTION
Probability and statistics
An ice cream shop makes a profit of $1000/Day when it is sunny; breaks even when it is cloudy, and loses $600/day when it is rainy. Suppose it is sunny 85% of the time and cloudy 10% of the time, what is the shops expected daily profit?
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******** Profit * \(x*p(1)+x*p(2)+x*p(3)\)= 1000*085 * 0*005 * 600*010= *** * - *** ************* ****** * ******