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A rock concert producer has scheduled an outdoor concert. The producer estimates the attendance will depend on the weather according to the following table. Weather

A rock concert producer has scheduled an outdoor concert. The producer estimates the attendance will depend on the weather according to the following table.

Weather
Attendance
Pobability
wet, cold
4000
0.1
wet, warm
15000
0.1
dry, cold
20000
0.2
dry, warm
40000
0.6

(a) What is the expected attendance?

(b) If tickets cost $20 each, the band will cost $300000, pluse $55000 for administration. What is the expected profit?

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