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Roger Hunt Intends to Purchase One of Two Car Dealerships

Question 239

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Roger Hunt intends to purchase one of two car dealerships currently for sale in a certain city. Records obtained from each of the two dealers reveal that their weekly volume of sales, with corresponding probabilities, are as follows. Dahl Motors Roger Hunt intends to purchase one of two car dealerships currently for sale in a certain city. Records obtained from each of the two dealers reveal that their weekly volume of sales, with corresponding probabilities, are as follows. Dahl Motors     Farthington Auto Sales   The average profit/car at Dahl Motors is $367, and the average profit/car at Farthington Auto Sales is $439. If Roger's objective is to purchase the dealership that generates the higher weekly profit, which dealership should he purchase? (Compare the expected weekly profit for each dealership.)  A)  Farthington Auto Sales B)  Dahl Motors C)  either of the two Roger Hunt intends to purchase one of two car dealerships currently for sale in a certain city. Records obtained from each of the two dealers reveal that their weekly volume of sales, with corresponding probabilities, are as follows. Dahl Motors     Farthington Auto Sales   The average profit/car at Dahl Motors is $367, and the average profit/car at Farthington Auto Sales is $439. If Roger's objective is to purchase the dealership that generates the higher weekly profit, which dealership should he purchase? (Compare the expected weekly profit for each dealership.)  A)  Farthington Auto Sales B)  Dahl Motors C)  either of the two Farthington Auto Sales Roger Hunt intends to purchase one of two car dealerships currently for sale in a certain city. Records obtained from each of the two dealers reveal that their weekly volume of sales, with corresponding probabilities, are as follows. Dahl Motors     Farthington Auto Sales   The average profit/car at Dahl Motors is $367, and the average profit/car at Farthington Auto Sales is $439. If Roger's objective is to purchase the dealership that generates the higher weekly profit, which dealership should he purchase? (Compare the expected weekly profit for each dealership.)  A)  Farthington Auto Sales B)  Dahl Motors C)  either of the two The average profit/car at Dahl Motors is $367, and the average profit/car at Farthington Auto Sales is $439.
If Roger's objective is to purchase the dealership that generates the higher weekly profit, which dealership should he purchase? (Compare the expected weekly profit for each dealership.)


A) Farthington Auto Sales
B) Dahl Motors
C) either of the two

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