Solved

​A Publishing Company Introduces a New Weekly Magazine That Sells

Question 8

Multiple Choice

​A publishing company introduces a new weekly magazine that sells for $4.65 on the newsstand.The marketing group of the company estimates that sales x (in thousands) will be approximated by the following probability function.Find the expected revenue.Round your answer to the nearest dollar. ​​ ​A publishing company introduces a new weekly magazine that sells for $4.65 on the newsstand.The marketing group of the company estimates that sales x (in thousands) will be approximated by the following probability function.Find the expected revenue.Round your answer to the nearest dollar. ​​   A)  ​$96,255 B)  ​$96 C)  ​$491 D)  ​$20,700 E)  ​$490,622


A) ​$96,255
B) ​$96
C) ​$491
D) ​$20,700
E) ​$490,622

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions