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Suppose a calculators company makes a 4 profit on the sale of each calculator, but suffers a loss of 25 for every returned calculator. 1

Suppose a calculators company makes a 4 profit on the sale of each calculator, but suffers a loss of 25 for every returned calculator. 1 out of 100 calculators are returned by a customer.

A. What is the probability that a calculator is returned?

B. What is the probability that a calculator is kept. (not returned)?

C. Compute the company's profit per calculator.

D. Calculate the standard deviation of the company's profit per calculator.

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