Beth seths sister sells ice cream in the same area as he, Ask an Expert

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Beth, Seth's sister, sells ice cream in the same area as he, and her daily sales follow the same pattern as his, namely, a mean of 300 per day and a standard deviation of 120 per day. However, for her pay, she receives $8 per day from her employer plus $.07 commission on each ice cream sale. Find (a) her expected daily profit, and (b) the standard deviation of her daily profit

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M91019906

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