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Bogdan owns an electronics store. Based on a number of factors including weather, day of the week: and the ocwrrmce of national sporting events. Bogdan
Bogdan owns an electronics store. Based on a number of factors including weather, day of the week: and the ocwrrmce of national sporting events. Bogdan has constructed the following probability distribution of customers that will come into his store during the weekend: Number of customers Probability 300 15% 400 25% 500 30% 600 15% 700 10% 300 5% A higher percentage of customers make a purchase when there are fewer customers in the store. Bogdan estimates that ?0% of the customers will purchase goods when there are 300 or fewer customers in the store during the weekend. The number ol customers that will make a purchase drops by 5% for every 100 customers. The average sale is $100 per customer. Profit margin is 18% on all sales. How much prot can Bogdan expectfrcm weekend sales\"? a] 3 4.5311!) b] s 3.910.041 o} 525,450.00 6] $49,500.00
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