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Recipes for Remedies is Julieta's most recent sculpture. Julieta has decided to sell the reproduction rights of Recipes for Remedies to a company that will

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"Recipes for Remedies" is Julieta's most recent sculpture. Julieta has decided to sell the reproduction rights of "Recipes for Remedies" to a company that will create and sell "Recipes for Remedies" reproductions. The estimated distribution of unit demand for "Recipes for Remedies" reproductions, X, is: 500 0.15 II 100 01 m 02 This exam question is protected by copyright and may not be reproduced, distributed, or displayed. A|l Rights Reserved 900 Round answers to two decimal places. a) What is the probability that the'demand will be at least 300 "Recipes for Remedies" reproductions? E b) What is the expected demand for"'Recipes for Remedies" reproductions? :l c) What is the standard deviation of the demand for "Recipes for Remedies" reproductions? :3 s d) Knockoffs, Inc. has offered to buy the reproduction rights of "Recipes for Remedies" from Julieta for $40,000 plus $850 for each "Recipes for Remedies." reproduction sold. What is Julieta's expected income based on this offer? $2

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