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Refer to the Following Probability Distribution for Profit to Answer  Prafit  Prabability $300.05400.25500.60600.10\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 & 0 .25 \\50 & 0.60 \\60 & 0.10\end{array}

Question 42

Multiple Choice

Refer to the following probability distribution for profit to answer the question below:  Prafit  Prabability $300.05400.25500.60600.10\begin{array} { c c } \text { Prafit } & \text { Prabability } \\\hline \$ 30 &0 .05 \\40 & 0 .25 \\50 & 0.60 \\60 & 0.10\end{array} What is the expected profit for this distribution?


A) $11,875
B) $46
C) $47.50
D) $48.75
E) none of the above

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