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A rock concert producer has scheduled an outdoor concert. The prot of the concert depends on the weather on that day, whether it is warm,

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A rock concert producer has scheduled an outdoor concert. The prot of the concert depends on the weather on that day, whether it is warm, cool, or very cold. If it is warm that. day, she expects to make a $25,000 prot. If it is cool that day, she expects to make a $10,000 prot. If it is very cold that day, she expects to suffer a $15,000 loss (i.e. prot of $ -15 000). Based upon historical records, the weather ofce has estimated the chances of a warm day to be 0.60, chances of a cool day to be 0.25 and the chances of a very cold day to be 0.15. What is the producer's expected prot (Le. the mean prot)

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