The Fresh Oven Bakery Knows That the Number of Pies $\begin{array}{l|l}\text { Profit } & P \text { (profit) } \\\hline-\$ 200 & .5 \\-\$ 50 & .25 \\\$ 100 & .25\end{array}$

Short Answer

The Fresh Oven Bakery knows that the number of pies it can sell varies from day to day. The owner believes that on 50% of the days she sells 100 pies. On another 25% of the days she sells 150 pies, and she sells 200 pies on the remaining 25% of the days. To make sure she has enough product, the owner bakes 200 pies each day at a cost of $2.50 each. Assume any pies that go unsold are thrown out at the end of the day. If she sells the pies for $3 each, find the probability distribution for her daily profit. A)
$\begin{array}{l|l}\text { Profit } & P \text { (profit) } \\\hline-\$ 200 & .5 \\-\$ 50 & .25 \\\$ 100 & .25\end{array}$

B)
$\begin{array}{l|l}\text { Profit } & P \text { (profit) } \\\hline \$ 300 & .5 \\\$ 450 & .25 \\\$ 600 & .25\end{array}$

C)
$\begin{array}{l|l}\text { Profit } & \text { P(profit) } \\\hline \$ 100 & .5 \\\$ 250 & .25 \\\$ 400 & .25\end{array}$

D)
$\begin{array}{l|l}\text { Profit } & P \text { (profit) } \\\hline \$ 50 & .5 \\\$ 75 & .25 \\\$ 100 & .25\end{array}$