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Rhett owns a cupcake bakery and is analyzing his sales of cupcake delivery orders. Based on his daily sales of delivery orders for the
Rhett owns a cupcake bakery and is analyzing his sales of cupcake delivery orders. Based on his daily sales of delivery orders for the past month, he has already calculated the probabilities (P(x)) for the number of boxes of cupcakes (x) purchased by a single customer in a single day, as shown in the table. Xi 1 2 3 4 5 P(x) 0.50 0.20 0.17 0.05 0.08 Calculate the mean number of boxes of cupcakes (x) sold and delivered per person in a single day. x = Express your answer to two decimal places. If a box of cupcakes costs $35.00 and the flat-rate delivery fee is $8.00, calculate the mean sales per person (y) that the cupcake shop makes in a single day for delivery orders. MY = $ Express your answer to the nearest cent.
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