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Catalog sales companies mail seasonal catalogs to prior customers. The expected profit from each mailed catalog can be expressed as the product below, where

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Catalog sales companies mail seasonal catalogs to prior customers. The expected profit from each mailed catalog can be expressed as the product below, where p is the probability that the customer places an order, D is the dollar amount of the order, and S is the percentage profit earned on the total value of an order. Expected Profit = pD S Typically 15% of customers who receive a catalog place orders that average $165, and 25% of that amount is profit. Complete parts (a) and (b) below. (a) What is the expected profit under these conditions? $ per mailed catalog (Round to the nearest cent as needed.)

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