Answered: Sales Quantity Probability Quantity…

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

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Question

Swell Productions is sponsoring an outdoor conclave for owners of collectible and classic Fords. The con-
cession stand in the T-Bird area will sell clothing such as T-shirts and official Thunderbird racing jerseys.
Jerseys are purchased from Columbia Products for $40 each and are sold during the event for $75 each. If
any jerseys are left over, they can be returned to Columbia for a refund of $30 each. Jersey sales depend on
the weather, attendance, and other variables. The following table shows the probability of various sales
quantities. How many jerseys should Swell Productions order from Columbia for this one-time event?

Sales Quantity
Probability
Quantity Sales
Probability
100
0.05
400
0.34
200
0.11
500
0.11
300
0.34
600
0.05

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